Mattoon, IL

Balanced market-29.7% YoY

Housing market overview · Updated weekly

$104,000median sale price

Homes sold

15

Last 12 weeks

Days on market

121

Average pace

Active listings

29

1.9 months supply

Sale-to-list

87.9%

Below asking

The Mattoon housing market is currently classified as a balanced market with a median sale price of $104,000. Prices have fallen 29.7% compared to last year, with homes spending an average of 121 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Mattoon

There are currently 29 homes listed for sale in Mattoon, Illinois. The median listing price is $154K.

Active listings

29

Homes on market

Median list price

$154K

Avg. days on market

121

Days until sale

New this week

14

Newly listed

Price drops:31.0%of listings
Sale-to-list:87.9%

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Frequently asked questions

What is the average home price in Mattoon?

The median home sale price in Mattoon is $104,000, down 29.7% from last year.

How long do homes stay on market in Mattoon?

Homes typically spend 121 days on market before going under contract.

Is Mattoon a buyer's or seller's market?

With 1.9 months of supply, Mattoon is currently a balanced market.

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