Real estate prices in Mondragon are influenced by several key factors, primarily its location, local amenities, and economic conditions. Positioned in the Vaucluse department of the Provence-Alpes-Côte d'Azur region, the town's proximity to major cities like Avignon and Orange enhances its attractiveness, driving demand. The presence of local amenities such as schools, shops, and healthcare services also plays a significant role; properties near well-rated schools, for instance, often command higher prices. Additionally, the economic landscape, including job opportunities and household income levels, contributes to price fluctuations. Seasonal tourism can further affect the market, with increased demand for vacation rentals during peak months inflating prices temporarily. Lastly, historical factors, such as the age and condition of properties, can significantly impact valuations in this region known for its rich heritage and architecture.