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East Central Reporter

Tuesday, April 16, 2024

Q3 real estate sales report: Mattoon

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Median prices declined in Mattoon over last year, and are down 3 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 93 homes sold in Mattoon for a median price of $68,000. That's 11.1 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Mattoon.

Median property tax for homeowners in Mattoon was $1,648.67 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Mattoon real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
101
$70,083
-
2010
78
$81,111
15.7%
2011
101
$65,540
-19.2%
2012
79
$76,300
16.4%
2013
96
$87,885
15.2%
2014
94
$84,323
-4.1%
2015
92
$83,740
-0.7%
2016
105
$80,115
-4.3%
2017
104
$76,500
-4.5%
2018
93
$68,000
-11.1%

Median property tax
Median sale price
Effective property tax rate
2009
$1,513.71
$70,083
2.2%
2010
$1,885.30
$81,111
2.3%
2011
$1,630.01
$65,540
2.5%
2012
$1,854.53
$76,300
2.4%
2013
$2,117.14
$87,885
2.4%
2014
$1,674.27
$84,323
2%
2015
$1,953.15
$83,740
2.3%
2016
$1,589.59
$80,115
2%
2017
$1,648.66
$76,500
2.2%

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