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East Central Reporter

Tuesday, November 26, 2024

Mattoon home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Mattoon rose by $14,000 while total sales increased by 28.6%, according to BlockShopper.com.

In October 2017, there were 27 homes sold, with a median sale price of $81,000 - a 20.9% increase over the $67,000 median sale price for the same period of the previous year. There were 21 homes sold in Mattoon in October 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 1.9%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Charleston251392.3%$89,750$93,000-3.5%
Oakland31200%$87,500$67,50029.6%
Ashmore41300%$86,500$167,500-48.4%
Mattoon272128.6%$81,000$67,00020.9%
Lerna110%$53,000$6,500715.4%
Humboldt02-100%$0$76,500-100%

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