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East Central Reporter

Thursday, April 18, 2024

Mattoon home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Mattoon fell by $13,500 while total sales decreased by 3.7%, according to BlockShopper.com.

In May 2017, there were 26 homes sold, with a median sale price of $76,000 - a 15.1% decrease over the $89,500 median sale price for the same period of the previous year. There were 27 homes sold in Mattoon in May 2016.

The median sales tax in Mattoon for 2017 was $1,533.96. In 2016, the median sales tax was $1,541.30. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Mattoon to other Coles County cities in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Charleston322814.3%$112,500$87,50028.6%
Mattoon2627-3.7%$76,000$89,500-15.1%
Ashmore12-50%$50,500$38,00032.9%
Oakland20-$25,625$0-
Lerna01-100%$0$221,000-100%
Humboldt01-100%$0$79,900-100%

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