Mattoon, IL Home Values & Market Trends
Real estate market trends reflect that there have been 316 transactions over the past year in Mattoon. The median value for residential home transactions that occurred over the previous year is $112,967.18. The number of current listings in Mattoon is 6, and the percentage of properties for sale in the city is 6.00%. Mattoon, IL currently has 26 properties in foreclosure, 6 bank owned properties, 4 properties headed for auction, and 6 properties for sale.
Mattoon, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
61938 | $ 193,513 $ 103/sqft |
Housing Market Summary for Mattoon, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $82,900 | $113.7K | 37.11% |
Median Sold Price | $97,307.833 | $113.7K | 16.81% |
Homes For Sale | 1 | 4 | 300.00% |
Homes Sold | 217 | 180 | -17.05% |
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 Mattoon, IL
Browse Homes in Mattoon, IL
Mattoon home values range from $18,320 to $922,999. The median estimated value of a home in Mattoon is $112,967.18. The median list price of a home is 219,900, and the total count of properties in the city is 6,216.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in Mattoon, IL with 61938 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mattoon, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $325,501 in 61938 to the lowest home value of $63,188 in 61938.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mattoon, IL ranges from the highest value of $297,751 in 61938 to the lowest value of $49,900 in 61938. Bank owned homes and properties account for 0.10% of properties in Mattoon, IL. There is 1 zips within Mattoon, IL; 61938 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61938 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Mattoon, IL. Auction homes and other auction properties account for 0.06% of all properties in Mattoon, IL. There is 1 zips within Mattoon, IL; of that zips, the median estimated home value for homes going to auction ranges from $507,315 in 61938 to the lowest value of $68,059 in 61938.
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