61938 Home Values & Market Trends
There are 257 homes currently listed for 61938. 61938 real estate market trends show that home prices range from $29,000 to $588,000, and the median sales price in the 61938 zip code is $127,587. The total number of properties sold within the past twelve months is 386. In 61938, 36 properties are in foreclosure, 2 are bank owned properties,and 3 are headed for auction.
61938 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Mattoon | $ 127,587 $ 99/sqft |
Housing Market Summary for 61938
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $130K | $132K | 1.54% |
| Median Sold Price | $112.3K | $127.5K | 13.56% |
| Homes For Sale | 161 | 249 | 54.66% |
| Homes Sold | 200 | 139 | -30.50% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 61938
Browse Homes in 61938
The median list price of a home in Mattoon, is $127,587. A total of 257 properties are for sale, and the percentage of properties for sale in the zip code is 257.00%. The total count of 61938 properties is 470.
- Pre-ForeclosurePre-foreclosure homes account for 6.60% of all residential properties in 61938 with mattoon containing 31 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61938; of that cities, the estimated home value for pre-foreclosure homes ranges from $335,445 in mattoon to the lowest home value of $54,900 in mattoon.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61938 ranges from the highest value of $62,548 in mattoon to the lowest value of $56,175 in mattoon. Bank owned homes and properties account for 0.43% of properties in 61938. There is 1 cities within 61938; mattoon containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmattoon has 3 auction properties, the highest number of properties going to auction in a single city in the state of 61938. Auction homes and other auction properties account for 0.64% of all properties in 61938. There is 1 cities within 61938; of that cities, the median estimated home value for homes going to auction ranges from $155,124 in mattoon to the lowest value of $134,099 in mattoon.
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Guide for 61938
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.