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East Central Reporter

Friday, November 29, 2024

Mattoon home prices fall in November 2020

Re 9

The median sale price of a home sold in November 2020 in Mattoon fell by $26,386 while total sales increased by 4.8%, according to BlockShopper.com.

In November 2020, there were 22 homes sold, with a median sale price of $72,614 - a 26.7% decrease over the $99,000 median sale price for the same period of the previous year. There were 21 homes sold in Mattoon in November 2019.

The median sales tax in Mattoon for the most recent year with available data, 2019, was $1,576, approximately 2.2% of the median home sale price for November 2020.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Oakland12-50%$200,000$55,000263.6%
Mattoon22214.8%$72,614$99,000-26.7%
Charleston716-56.3%$35,000$113,750-69.2%
Lerna110%$5,500$135,000-95.9%
Humboldt01-100%$0$66,500-100%
Ashmore02-100%$0$38,000-100%

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