Mattoon, IL 61938 Real Estate & Property Data

Mattoon, IL 61938 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 491 residential properties have been sold over the past 12 months in 61938. With a median sales price of $122,000 in 61938 and a total of 4 foreclosures in Mattoon, IL 61938. Discover market trends and get the granular level real estate data for Mattoon, IL 61938 to keep your pulse on the housing market. Curate compelling home reports for Mattoon, IL 61938 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Mattoon, IL 61938 Real Estate Market Trends
Total Residential Properties 8,180
Total Commercial Properties 949
Avg. Home Age (Single Family Home) 80 Years
Avg. Square Feet (Single Family Home) 1,302
Total 2024 Residential Sales (year-to-date) 67
% of Homes Seriously Underwater (Q2 2024) 1.71%
Total 2023 Residential Sales 444
% of Equity Rich Homes (Q2 2024) 21.2%
Effective 2023 Property Tax 1.64%
Total Foreclosure Filings (year-to-date) 7
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Mattoon, IL 61938 Real Estate Overview

There were 491 residential properties sold in the past year in Mattoon, IL 61938. The median home value in Mattoon, IL 61938 is $101,068. There are a total of 8,180 residential properties in the 61938.

Median Sales Price i
$122,000
(Feb 2024)
+31.9%
year-over-year
y-o-y
  • February '24 Feb '24 $122,000
  • January '24 Jan '24 $112,500
  • December '23 Dec '23 $90,000
  • November '23 Nov '23 $116,000
  • October '23 Oct '23 $119,000
  • September '23 Sep '23 $111,500
  • August '23 Aug '23 $86,000
  • July '23 Jul '23 $82,000
  • June '23 Jun '23 $95,000
  • May '23 May '23 $114,000
  • April '23 Apr '23 $108,750
  • March '23 Mar '23 $113,500
Median Down Payment i
$11,510
(Feb 2024)
+6.1%
year-over-year
y-o-y
  • February '24 Feb '24 $11,510
  • January '24 Jan '24 $7,500
  • December '23 Dec '23 $9,150
  • November '23 Nov '23 $15,800
  • October '23 Oct '23 $10,175
  • September '23 Sep '23 $10,100
  • August '23 Aug '23 $11,775
  • July '23 Jul '23 $10,000
  • June '23 Jun '23 $8,000
  • May '23 May '23 $16,102
  • April '23 Apr '23 $7,568
  • March '23 Mar '23 $11,250
Number of Homes Sold i
38
(Feb 2024)
+8.6%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 29
  • December '23 Dec '23 28
  • November '23 Nov '23 26
  • October '23 Oct '23 44
  • September '23 Sep '23 44
  • August '23 Aug '23 42
  • July '23 Jul '23 42
  • June '23 Jun '23 36
  • May '23 May '23 52
  • April '23 Apr '23 33
  • March '23 Mar '23 42
Number of Purchase Loans i
24
(Feb 2024)
-17.2%
year-over-year
y-o-y
  • February '24 Feb '24 24
  • January '24 Jan '24 23
  • December '23 Dec '23 17
  • November '23 Nov '23 24
  • October '23 Oct '23 36
  • September '23 Sep '23 38
  • August '23 Aug '23 33
  • July '23 Jul '23 32
  • June '23 Jun '23 38
  • May '23 May '23 29
  • April '23 Apr '23 24
  • March '23 Mar '23 26
Number of REFI Loans i
14
(Feb 2024)
+55.6%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 15
  • December '23 Dec '23 7
  • November '23 Nov '23 16
  • October '23 Oct '23 21
  • September '23 Sep '23 18
  • August '23 Aug '23 11
  • July '23 Jul '23 13
  • June '23 Jun '23 10
  • May '23 May '23 8
  • April '23 Apr '23 6
  • March '23 Mar '23 6
Number of HELOC Loans i
4
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 5
  • December '23 Dec '23 3
  • November '23 Nov '23 6
  • October '23 Oct '23 4
  • September '23 Sep '23 5
  • August '23 Aug '23 7
  • July '23 Jul '23 8
  • June '23 Jun '23 5
  • May '23 May '23 3
  • April '23 Apr '23 3
  • March '23 Mar '23 6

Mattoon, IL 61938 Foreclosure Activity

There were a total of 4 Mattoon, IL 61938 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 2 Mattoon, IL 61938 properties and repossessed 5 Mattoon, IL 61938 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
4
(Feb 2024)
-42.9%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 3
  • December '23 Dec '23 9
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 8
  • June '23 Jun '23 3
  • May '23 May '23 7
  • April '23 Apr '23 4
  • March '23 Mar '23 1
Foreclosure Starts i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 3
  • July '23 Jul '23 6
  • June '23 Jun '23 N/A
  • May '23 May '23 4
  • April '23 Apr '23 2
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
5
(Feb 2024)
+400%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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