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East Central Reporter

Tuesday, November 5, 2024

Mattoon home prices fall in August 2017

Realestate1

The median sale price of a home sold in August 2017 in Mattoon fell by $12,850 while total sales increased by 26.9%, according to BlockShopper.com.

In August 2017, there were 33 homes sold, with a median sale price of $71,900 - a 15.2% decrease over the $84,750 median sale price for the same period of the previous year. There were 26 homes sold in Mattoon in August 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 2.1%.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Lerna10-$174,000$0-
Ashmore110%$121,000$170,000-28.8%
Charleston31296.9%$117,500$124,231.50-5.4%
Mattoon332626.9%$71,900$84,750-15.2%
Humboldt01-100%$0$111,000-100%
Oakland02-100%$0$76,000-100%

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