Median real estate price in the City Center of Mount Vernon is $43,310, which is less expensive than 99.1% of Illinois neighborhoods and 99.3% of all U.S. neighborhoods.
The average rental price in Mount Vernon City Center is currently $790, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.0% of Illinois neighborhoods.
Mount Vernon City Center is a suburban neighborhood (based on population density) located in Mount Vernon, Illinois.
Real estate in the City Center of Mount Vernon, IL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Mount Vernon City Center. The current real estate vacancy rate here is 23.0%. This is higher than the rate of vacancies in 89.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.