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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 Type1.70%
One Bedroom15.90%
Two Bedrooms37.80%
Three Bedrooms34.80%
Four Bedrooms8.40%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1950
Median Value of occupied units$65,000
Median Price asked for vacant units$43,400

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1957
Median Monthly Rent asked for vacant units$376

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage3.10%
Home Equity Loan3.90%
Simple Mortgage51%
Debt Free41.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16%