Mattoon54450

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$195,000
N/A
Median Household Income
$70,500
68.4% 5-Year Growth
Days on Market
126
331.0% Longer than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Mattoon

As of Oct '25, Realtor.com reports that the median days on market for a home in Mattoon is 126. This is a increase of 331.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$195,00028.0%
Listing Count
1167.0%
Listings as % of HomesN/A167.0%
Days on Market
126331.0%
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Demographics — Mattoon

As of the latest ACS Survey released in 2023, Mattoon has a population of 477, which has increased by 11.7% over the past 5 years. Mattoon is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 6.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
47711.7%
% Under 18
24.5%-24.8%
% Seniors
15.7%13.8%
% WFH
3.0%76.5%
% w/ College Degree
6.8%70.0%
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As of the latest ACS Survey released in 2023, Mattoon is a predominantly white area, with 71.9% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Mattoon is hispanic, making up 26.6% of the population. Foreign-born residents account for 9.2% of the population in Mattoon, and this percentage has decreased by 24.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
71.9%-7.2%
% Black
0.0%N/A
% Hispanic
26.6%18.2%
% Asian
0.0%N/A
% Foreign Born
9.2%-24.6%
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Mortgage and Risk — Mattoon

Mattoon lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Mattoon

Mattoon lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
6
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$960
2 BedroomN/AN/A$1,170
3 BedroomN/AN/A$1,460
4 BedroomN/AN/A$1,550

Affordability — Mattoon

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$70,500

Mattoon — ZIP Code Boundary Map

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Frequently Asked Questions