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East Central Reporter

Tuesday, November 26, 2024

Mattoon home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Mattoon rose by $2,550 while total sales increased by 8.8%, according to BlockShopper.com.

In August 2018, there were 37 homes sold, with a median sale price of $72,500 - a 3.6% increase over the $69,950 median sale price for the same period of the previous year. There were 34 homes sold in Mattoon in August 2017.

The median sales tax in Mattoon for the most recent year with available data, 2017, was $1,534, approximately 2.1% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Charleston32313.2%$106,000$117,500-9.8%
Mattoon37348.8%$72,500$69,9503.6%
Lerna110%$43,700$174,000-74.9%
Humboldt10-$42,500$0-
Oakland50-$34,000$0-
Ashmore01-100%$0$121,000-100%

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