The story of this market
The typical home in ZIP 61938 sells for about $136,950, or $88 per square foot.
Prices are up +3.55% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $740 a month.
ZIP 61938 — Mattoon
The Mattoon housing market is currently a buyer's market with a median listing price of approximately $137,000. Market conditions remain stable with modest year-over-year price growth, driven by a supply of single-family homes that exceeds current demand.
This ZIP is well-suited for budget-conscious family buyers and local workers seeking affordable single-family housing in an established community.
Median prices moved up 3.5% year over year.
Homes spend a median of 68 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 17.7% — a mixed stability profile.
ZCTA 61938, Coles County IL
The area is served by Mattoon Community Unit School District 1, which includes schools like Riddle Elementary that maintain moderate performance ratings.
The local economy is anchored by education and healthcare sectors, with a stable but modest development pace.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
The average commute is approximately 17 minutes, reflecting the local nature of employment within the Charleston-Mattoon micropolitan area.
The area features local parks and community facilities typical of a central Illinois town, with access to regional outdoor recreation in Coles County.
The rental market is characterized by steady demand from local workers and students, with limited new multi-family inventory reported.
The economy is driven by the education and healthcare industries, supported by the Charleston-Mattoon statistical area.
The area is served by local road networks with no major public transit infrastructure, necessitating personal vehicle use.
Development is primarily focused on residential maintenance and small-scale commercial improvements within the existing city footprint.
Coles County assessment practices follow standard Illinois property tax procedures based on fair market value.
Parcels are subject to local school district, municipal, and county-level special service taxes.
Data sourced from ZCTA-level census profiles and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- The Little Theatre On The Square4.814.2 mi
- Flesor's Candy Kitchen4.820 mi
- Aikman Wildlife Adventure4.610.8 mi
- The Great Pumpkin Patch4.613 mi
- Lincoln Log Cabin State Historic Site4.712.8 mi
- Douglas-Hart Nature Center4.83.2 mi
- Lytle Park4.73.1 mi
- Lincoln Log Cabin State Historic Site4.712.8 mi
- Ashmore Estates4.716.6 mi
- Two Story Outhouse4.58.1 mi
- Aikman Wildlife Adventure4.610.8 mi
- Mattoon Peterson Park4.62.3 mi
- Douglas-Hart Nature Center4.83.2 mi
- Lytle Park4.73.1 mi
- Lytle Pool4.53.1 mi
- Findlay Marina4.518.5 mi
- Sullivan Marina & Campground4.713 mi
- Lake Mattoon, Marina & Campgrounds - City of Mattoon, Illinois4.512.4 mi
- Defense Depot4.83.4 mi
- Country Salvage Store4.711.4 mi
- Rural King4.42.5 mi
- Marshalls4.32.4 mi
- Cross County Mall3.72.4 mi
- Rural King4.411 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A primary educational anchor for the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.