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East Central Reporter

Friday, April 19, 2024

Mattoon home prices fall in February 2020

Re 12

The median sale price of a home sold in February 2020 in Mattoon fell by $4,750 while total sales decreased by 50%, according to BlockShopper.com.

In February 2020, there were 12 homes sold, with a median sale price of $76,250 - a 5.9% decrease over the $81,000 median sale price for the same period of the previous year. There were 24 homes sold in Mattoon in February 2019.

The median sales tax in Mattoon for the most recent year with available data, 2018, was $1,539, approximately 2% of the median home sale price for February 2020.

The following table compares Mattoon to other Coles County cities in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Lerna110%$91,900$61,31349.9%
Mattoon1224-50%$76,250$81,000-5.9%
Charleston14140%$72,750$86,250-15.7%
Ashmore110%$55,000$9,900455.6%
Humboldt110%$45,000$22,500100%
Oakland41300%$23,750$105,000-77.4%

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