Mattoon, IL Real Estate
According to census data in the year 2000 there were 8,806 housing units in Mattoon.
This represents a 6.1% growth from 8,301 in 1990.
Of those housing units, 8,692 were located in either urbanized areas or urban clusters, and 114 were located in what is classified as a rural area.
Homeownership rate in Mattoon is about 62.1%.
Mattoon's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Mattoon were built after 1953.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 1.70% |
| One Bedroom | 15.90% |
| Two Bedrooms | 37.80% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
Average Household Size | 2.37 |
Median year structure was built | 1950 |
Median Value of occupied units | $65,000 |
Median Price asked for vacant units | $43,400 |
Rented Homes, Apartments and Condos
Average Household Size | 1.97 |
Median year structure was built | 1957 |
Median Monthly Rent asked for vacant units | $376 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 51% |
| Debt Free | 41.70% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |