Mattoon, IL Housing

Mattoon, IL is a great place to live in terms of housing value. The median house value in Mattoon is $96,400, much lower than the national average of $338,100. This makes it an attractive destination for people looking to buy a home on a budget. The US saw an appreciation rate of 8.27% in the last year; however Mattoon experienced an even higher appreciation rate of 18.98%. This indicates that the housing market in Mattoon is booming and offers great potential for potential buyers or investors.

The median home cost in Mattoon is $96,400. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Mattoon is up 13.5%.

Average Age of Homes

- The median age of Mattoon real estate is 62 years old

The Rental Market in Mattoon

- Renters make up 35.1% of the Mattoon population
- 1.7% of houses and apartments in Mattoon, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mattoon, Illinois	United States
	8,896.0	139,647,020.0
	65	42
	$96,400	$338,100
	13.5%	16.6%
	34.7%	57.0%
	43.3%	101.1%
	$21.46	$10.98
	$1,775	$2,690
	49.9%	57.4%
	9.9%	11.2%
	40.1%	31.4%
Vacant Housing
	1.7%	1.9%
	0.6%	0.4%
	0.7%	0.7%
	0.6%	0.4%
	0.1%	3.6%
	6.3%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	8.0%	2.4%
	16.0%	2.8%
	19.6%	3.9%
	17.5%	4.5%
	23.0%	11.3%
	8.8%	13.0%
	2.7%	20.1%
	0.3%	13.6%
	0.0%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	8.6%	13.6%
	6.8%	13.2%
	10.7%	14.8%
	8.6%	13.6%
	16.8%	10.0%
	7.7%	4.7%
	31.6%	12.2%