House Prices

House Prices & Home Values Mattoon, IL 2026


Average Data

average house price$116,180
average size per house1527 ft²
average price per ft²77 $ / ft²

04/18/2026 - The value range (VR) for house prices in Mattoon, IL is $71/ sqft to $71/ sqft. An average home with 1527 sqft costs approximately $108,417 to $108,417. Mattoon, IL includes 1 ZIP codes and it is located in Coles county. The lowest prices are found in ZIP 61938, while the highest are in ZIP 61938. The average price per sqare feet is $77. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Mattoon

6193877 $ / ft²




Historical development of home values in Mattoon

Year Estimated value (USD) Change vs. 2025
2010 $53,956 -53.6%
2011 $51,870 -55.4%
2012 $51,730 -55.5%
2013 $53,663 -53.8%
2014 $56,332 -51.5%
2015 $59,223 -49.0%
2016 $62,314 -46.4%
2017 $65,677 -43.5%
2018 $69,308 -40.3%
2019 $72,522 -37.6%
2020 $76,271 -34.4%
2021 $86,750 -25.3%
2022 $101,131 -13.0%
2023 $106,647 -8.2%
2024 $112,817 -2.9%
2025 $116,180 0.0%

Graph: estimated home values in Mattoon over time (USD)



Example: 100% financing house in Mattoon

Loan amount: $116,180

Interest rate: 6.00%

Fixed monthly payment: $696.56

Breakdown in the 1st month:
Interest portion: $580.90  –  Principal portion: $115.66

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,931.99 $1,426.70 $114,753.30
2 $6,843.99 $1,514.70 $113,238.60
3 $6,750.57 $1,608.12 $111,630.47
4 $6,651.38 $1,707.31 $109,923.16
5 $6,546.08 $1,812.61 $108,110.55
6 $6,434.28 $1,924.41 $106,186.14
7 $6,315.59 $2,043.10 $104,143.04
8 $6,189.58 $2,169.12 $101,973.92
9 $6,055.79 $2,302.90 $99,671.02
10 $5,913.75 $2,444.94 $97,226.08
11 $5,762.95 $2,595.74 $94,630.33
12 $5,602.85 $2,755.84 $91,874.49
13 $5,432.88 $2,925.81 $88,948.68
14 $5,252.42 $3,106.27 $85,842.41
15 $5,060.83 $3,297.86 $82,544.55
16 $4,857.43 $3,501.27 $79,043.28
17 $4,641.48 $3,717.22 $75,326.07
18 $4,412.21 $3,946.49 $71,379.58
19 $4,168.80 $4,189.90 $67,189.69
20 $3,910.37 $4,448.32 $62,741.37
21 $3,636.01 $4,722.68 $58,018.68
22 $3,344.73 $5,013.97 $53,004.72
23 $3,035.48 $5,323.22 $47,681.50
24 $2,707.15 $5,651.54 $42,029.96
25 $2,358.58 $6,000.12 $36,029.84
26 $1,988.50 $6,370.19 $29,659.65
27 $1,595.60 $6,763.09 $22,896.56
28 $1,178.47 $7,180.22 $15,716.34
29 $735.61 $7,623.08 $8,093.26
30 $265.44 $8,093.26 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mattoon, IL


1500 sqft3900 sqft
Ø selling price$139,756$297,297
Ø fast selling$127,051$267,568
Ø high price sale$152,460$327,027

In 2026, houses in Mattoon, IL will be offered at an average price of $77 per square foot. A 1,500 sqft home priced at $139,756 is 24.79% more expensive per square foot than a 3,900 sqft home priced at $297,297. Home prices in Mattoon, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $205,822. Sellers who can wait longer may achieve a higher price of up to $251,560.


Discover Mattoon, IL

Living in Mattoon

Located in Coles County, Mattoon, IL is a friendly Midwest city known for its blend of small-town charm and regional amenities.
Residents appreciate affordable real estate, quality schools, and access to care through Sarah Bush Lincoln Health System.
Neighborhoods range from historic districts near downtown to newer subdivisions with parks and trails.

Attractions and Things to Do

Mattoon hosts the annual Bagel Fest, a quirky celebration of the city?s baking heritage that draws visitors each summer.
Foodies also seek out the original local Burger King, famous for the trademark case that shaped the brand?s history.
Outdoor lovers head to Lake Mattoon for boating and fishing, while families enjoy parks, ballfields, community events downtown, locally owned restaurants, and convenient hotels.
Education and culture thrive at nearby Lake Land College, which fuels workforce training and lifelong learning.

Economy and Transportation

Rural King and Consolidated Communications anchor a diversified local economy that blends agriculture, manufacturing, and logistics, creating steady jobs.
Strategic access to I-57, US 45, and IL 16 plus the Mattoon Amtrak station connects residents to Chicago, Carbondale, and regional markets.
Whether you?re searching for things to do, planning a business expansion, or comparing cost of living, Mattoon offers value, convenience, and welcoming Midwestern character.



FAQ – Home Values in Mattoon

What is the median home value in Mattoon in 2026?

In 2026, the typical home value in Mattoon is about $116,180 for an average home size of 1527 square feet. This corresponds to an average price of roughly $77 per square foot.

What is the average cost per square foot in Mattoon?

In 2026, homes in Mattoon sell for an average of around $77 per square foot, with a typical range between $71 and $71 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mattoon is about 1527 square feet, with an estimated 2026 value around $116,180.



Locations close to Mattoon, IL

Metcalf, IL102 $ / ft²
Murdock, IL109 $ / ft²
Newman, IL97 $ / ft²
Lovington, IL52 $ / ft²
La Place, IL51 $ / ft²
Kansas, IL50 $ / ft²
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