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East Central Reporter

Saturday, November 23, 2024

Mattoon home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Mattoon fell by $4,500 while total sales decreased by 13.5%, according to BlockShopper.com.

In July 2018, there were 32 homes sold, with a median sale price of $70,500 - a 6% decrease over the $75,000 median sale price for the same period of the previous year. There were 37 homes sold in Mattoon in July 2017.

The median sales tax in Mattoon for the most recent year with available data, 2017, was $1,534, approximately 2.2% of the median home sale price for July 2018.

The following table compares Mattoon to other Coles County cities in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Charleston23224.5%$115,000$117,000-1.7%
Mattoon3237-13.5%$70,500$75,000-6%
Humboldt220%$60,750$45,00035%
Oakland23-33.3%$43,750$83,000-47.3%
Lerna03-100%$0$150,000-100%
Ashmore01-100%$0$45,000-100%

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