Market Intelligence Report — IL-660

Charleston-Mattoon, IL

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

Ref. No: 2026-IL-08
As of the latest 2026 data
Accelerated

Median Listing

$177K
+2.9% YoY

Pending Ratio

0.58
+21.0% YoY

Active Inventory

65
-9.7% YoY

Median DOM

47 Days
+20.8% YoY

Primary Intelligence Tool — Sold Score™

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The Charleston-Mattoon market is in an Accelerated condition, driven by a pending ratio of 0.58 that is 21.0% higher year-over-year, alongside a 9.7% year-over-year contraction in active listings. Median listing prices have increased by 2.9% over the past year to $177,498.

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.

Active listings have decreased by 9.7% year-over-year, while new listings also saw a 12.5% reduction over the same period, indicating supply contraction. Demand signals are strengthening, with the pending ratio rising 21.0% year-over-year to 0.58. Median days on market have extended by 20.8% year-over-year to 47 days, but price reductions remain contained at 22.2%.

Historical Analysis

Market Trends

Median Price

$177K+14.9% MoM

Active Inventory

65-9.7% YoY

Days on Market

47+20.8% YoY

Sold Score™

73+21.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

73
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

The contracting inventory and increasing pending ratio suggest a market where demand absorption is quickening. The rise in median days on market and the stable price-reduced share indicate that while the pace of sales is firming, properties require price discipline to transact, reflecting a nuanced negotiating environment.

Luxury Segment

The average listing price increased by 8.0% year-over-year to $231,473, outpacing the 2.9% year-over-year growth in the median listing price. This indicates some resilience at higher price points, although there is no distinct luxury-segment softness signal in this dataset.

Supply Dynamics

65 active listings represent the current floor, with new supply arriving at roughly 56 per month.

Pricing Pressure
22.2%

of active listings carry a price reduction, +1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +13.4% year-over-year.

Absorption
0.58

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Charleston-Mattoon, IL? Homes here are taking 8 days longer 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
58%
Median Days on Market
47 days
Inventory YoY
−10%

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