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East Central Reporter

Saturday, September 28, 2024

Mattoon home prices fall in November 2017

Re 9

The median sale price of a home sold in November 2017 in Mattoon fell by $23,000 while total sales increased by 27.3%, according to BlockShopper.com.

In November 2017, there were 28 homes sold, with a median sale price of $69,000 - a 25% decrease over the $92,000 median sale price for the same period of the previous year. There were 22 homes sold in Mattoon in November 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 2.2%.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Charleston171330.8%$95,000$80,00018.8%
Mattoon282227.3%$69,000$92,000-25%
Lerna00-$0$0-
Ashmore01-100%$0$12,500-100%
Humboldt00-$0$0-
Oakland00-$0$0-

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