Checked
Mattoon, IL Home Values and Rents
The typical home value in Mattoon is $131,051, 590th highest of 696 cities and towns in Illinois. Median rent is $740 a month.
- Typical home value
- $131,051
- 590th of 696 in IL
- Median rent
- $740/mo
- ACS 2020-2024
- Price change, 1 year
- +5.8%
- Sep 2026
- Homeownership
- 55.8%
- IL: 67.1%
Typical home value in Mattoon
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Mattoon |
|---|---|
| Sep 2026 | $131,051 |
| Dec 2025 | $125,212 |
| Dec 2024 | $119,403 |
| Dec 2023 | $113,128 |
| Dec 2022 | $104,725 |
| Dec 2021 | $104,387 |
| Dec 2020 | $99,545 |
| Dec 2019 | $98,115 |
| Dec 2018 | $88,068 |
| Dec 2017 | $85,829 |
| Dec 2016 | $88,067 |
| Dec 2015 | $88,109 |
| Dec 2014 | $88,674 |
| Dec 2013 | $91,058 |
| Dec 2012 | $90,785 |
Over five years, Mattoon prices changed +26.7%.
Source: Zillow Research · Last updated 09/01/2026
Share:
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 61938 | $111,700 | $740 | +6.6% | +51.6% |
Fair Market Rents, FY2027
HUD rent standard for Coles County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $662 | -0.5% |
| 1 bedroom | $742 | -2.2% |
| 2 bedrooms | $950 | -1.6% |
| 3 bedrooms | $1,231 | -2.4% |
| 4 bedrooms | $1,342 | -0.4% |
Frequently asked questions
- What is the typical home value in Mattoon, IL?
- The typical home value in Mattoon is $131,051 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
- How much is rent in Mattoon?
- The median rent in Mattoon is $740 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $950.
- Are home prices going up in Mattoon?
- The typical home value in Mattoon changed +5.8% over one year and +26.7% over five years, as of Sep 2026.
- How does Mattoon compare with the rest of Illinois?
- Mattoon has the 590th highest median home value of 696 cities and towns with 1,000+ residents in Illinois.
- Which ZIP code in Mattoon has the highest home values?
- ZIP code 61938 has the highest median home value at $111,700.