Mt. Vernon, WA

Population: 32,384
Average annual home appreciation rate: 18.72%
Total of homes for sale in this market:
Median home price: $206,382
Median Rent: $821 per room
Home price range: 44.57% of homes are between$180,001 – $270,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 58.23% of homes are Single Family Detached
Number of vacant homes: 8.08%
Number of renters: 40.69%
Number of owner occupied: 59.31%
Number people living below poverty level: 17.98%
Unemployment rate: 7.0%
Is this area perfect for real estate deals going on right now? There could be some great opporutunity in the Mt. Vernon market right now! The appreciation rates alone are some of the highest in the nation… Showing a great track record for the past ten years…. also: 1. Overall home prices are lower. 2. There are more “troubled” properties available to investors there there are total homes for sale on the market. 3. High rental rates. This could mean fantastic opportunities to the savvy cash investor based on the motivated sellers that could own these properties…banks included.

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