Mt. Vernon, WA

Population: 32,600
Average annual home appreciation rate: 18.24%
Total of homes for sale in this market: 89
Median home price: $232,924
Median Rent: $1,005 per room
Home price range: 43.92% of homes are between $213,001 – $319,000
Median sales price: NO DATA
Number of homes: 89
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 57.33% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.70%
Number of renters: 44.46%
Number of owner occupied: 55.54%
Number people living below poverty level: 19.00%
Unemployment rate: 6.7%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Mt. Vernon area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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