Markets/Illinois/Charleston-Mattoon

Charleston-Mattoon, IL Real Estate Market 2026

Investor-grade market analytics for Charleston-Mattoon, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$151,832

+5.8% year-over-year

Est. Rental Yield

6.2%

gross annual

12-Month Forecast

+5.7%

base case (Zillow ZHVF)

+5.7% year-over-year

Climate Risk

18/100

Very Low

Market Momentum

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Warm
1.9mo supply ยท Score +3/7

Net migration: Bottom 34% nationally

Income Migration

โžก๏ธ Neutral0.97x

In-migrants avg $41,592 AGI vs out-migrants $42,840

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Opportunity Zone Market

8 ZIP codes in Charleston-Mattoon are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Charleston-Mattoon Market Summary

Charleston-Mattoon, IL is experiencing strong growth with 5.8% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 2.71x, below the national average of 4.8x. Climate risk remains low (18/100), favorable for long-term investment stability. Rental yield of 6.18% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.7x (national avg 4.8x)
Median Household Income$56,040

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+2.8%
Base Case+5.7%
Bull Case+8.5%

Climate & Natural Hazard Risk

Charleston-Mattoon, IL's primary climate exposure is tornadoes (38/100). The composite climate risk score of 18/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Charleston-Mattoon dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.