Market Intelligence Report — IL-660

Charleston-Mattoon, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-09
As of the latest 2026 data
Accelerated

Median Listing

$176K
+5.5% YoY

Pending Ratio

0.52
+19.5% YoY

Active Inventory

76
+15.3% YoY

Median DOM

27 Days
-31.2% YoY

Primary Intelligence Tool — Sold Score™

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The Charleston-Mattoon market is in an Accelerated phase, characterized by a pending ratio of 0.52, indicating a growing absorption of available inventory. Active listings have expanded by 15.3% year-over-year, yet demand metrics suggest increasing market activity.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Charleston-Mattoon market right now.

The market demonstrates a directional trend toward increased activity, with new listings up 37.5% year-over-year and active listings expanding 15.3% year-over-year. Despite the increase in available properties, the pending ratio has risen by 19.5% year-over-year to 0.52, signaling stronger demand absorption. Median listing prices show moderate appreciation, up 5.5% over the past year, while median days on market have decreased by 31.2% year-over-year.

Historical Analysis

Market Trends

Median Price

$176K-0.8% MoM

Active Inventory

76+15.3% YoY

Days on Market

27-31.2% YoY

Sold Score™

63+19.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

63
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage is shifting as the pace of transactions quickens, evidenced by the significant reduction in median days on market. Inventory pressure is increasing as the market absorbs a growing supply of listings. Price discipline appears firm, with a low share of price reductions and consistent year-over-year price appreciation.

Luxury Segment

The average listing price increased by 8.2% year-over-year, while the median listing price rose by 5.5% over the same period. The median $/sqft also saw a modest gain of 2.4% year-over-year. This indicates a slightly elevated performance in higher-priced segments relative to the overall market.

Supply Dynamics

76 active listings represent the current floor, with new supply arriving at roughly 66 per month.

Pricing Pressure
17.7%

of active listings carry a price reduction, -4.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.4% year-over-year.

Absorption
0.52

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Charleston-Mattoon, IL? Homes here are taking 12 days less to sell than last year.

Charleston-Mattoon, IL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
52%
Median Days on Market
27 days
Inventory YoY
+15%

Charleston-Mattoon, IL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Charleston-Mattoon, IL
CBSA Code
16660
State
IL