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East Central Reporter

Friday, April 19, 2024

Mattoon home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Mattoon rose by $7,300 while total sales increased by 37%, according to BlockShopper.com.

In June 2017, there were 37 homes sold, with a median sale price of $75,000 - a 10.8% increase over the $67,700 median sale price for the same period of the previous year. There were 27 homes sold in Mattoon in June 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 June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Oakland92350%$117,000$73,50059.2%
Charleston33330%$114,000$115,000-0.9%
Lerna20-$81,250$0-
Mattoon372737%$75,000$67,70010.8%
Ashmore15-80%$62,000$75,000-17.3%
Humboldt03-100%$0$179,900-100%

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