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Advertise here →Mattoon, IL · Market Data
Mattoon, Illinois real estate market data.
Real estate market data for Mattoon, IL (Coles County) — Census median home value $96,000, county listing prices down about 18.2% over the past year.
Mattoon, IL is in Coles County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 16,334, with a median household income of $47,308. Census data puts Mattoon's median home value at $96,000 (all owner-occupied homes); Coles County's current median listing price runs $140,625, down about 18.2% over the past year.
At a glance
Mattoon market snapshot
Population
16,334
Median Household Income
$47,308
Median Home Value (city)
$96,000
Median Listing Price (Coles County)
$140,625
Median Gross Rent
$764/mo
Price Trend (YoY)
-18.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Mattoon different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Mattoon's median home value — across all owner-occupied homes, not just recent sales — at $96,000. Separately, Coles County's current median listing price (via Realtor.com data, 2026-06-01) runs $140,625. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Coles County's FHFA house price index shows a 1.55% annual change in 2025.
Population & Income
Mattoon has an estimated population of 16,334 and a median household income of $47,308, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Mattoon's Census-reported median home value works out to about 2.0x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Mattoon FAQ
What are home values like in Mattoon, IL?
The Census Bureau's American Community Survey puts Mattoon's median home value at $96,000. Coles County's current median listing price runs $140,625, down about 18.2% over the past year.
What is the population of Mattoon, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Mattoon's population at approximately 16,334.
What's the median rent in Mattoon, IL?
The Census ACS estimates median gross rent in Mattoon at approximately $764 per month.
What is the median household income in Mattoon, IL?
Census ACS data puts the median household income in Mattoon at approximately $47,308.
Is the Mattoon housing market growing?
Coles County's FHFA house price index shows a 1.55% annual change in 2025.
Is Mattoon, IL affordable relative to income?
Census ACS data puts Mattoon's median home value at about 2.0 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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