61938 — Mattoon, IL Home Values
Typical home value $124,243 as of June 2026 · 15th of 17 in Charleston-Mattoon, IL
Blue: typical home value (Zillow ZHVI) in ZIP code 61938, June 2021 to June 2026. This page shows observed data only; no forecast.
How 61938 compares in the Charleston-Mattoon, IL area
ZIP code 61938 (Mattoon, IL) has a typical home value of $124,243 as of June 2026, ranking 15th of 17 ZIP codes tracked in the Charleston-Mattoon, IL area, more expensive than about 18% of ZIP codes in the metro. Prices here have moved +4.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +26.4%, from $98,307 in June 2021 to $124,243 in June 2026. Against observed rent, the typical home here sells for 11.7× the annual rent ($884/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Charleston-Mattoon, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Charleston.
Population and demographics
ZIP code 61938 has a population of 20,440, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 92.9% White, 2.4% Hispanic or Latino, 2.3% two or more races, 1.7% Black or African American, 0.5% Asian, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| LIFT | 121 S 17Th St, Mattoon, IL | 0.1 mi |
| LIFE Academy | 2405 Champaign Ave, Mattoon, IL | 0.6 mi |
| Mattoon High School | 2521 Walnut Ave, Mattoon, IL | 0.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 61938?
$124,243 as of June 2026, the latest month Zillow has published observed data for.
Is 61938 an expensive ZIP code in the Charleston-Mattoon, IL area?
61938 ranks 15th of 17 ZIP codes in the Charleston-Mattoon, IL area by typical home value, more expensive than about 18% of ZIP codes in the metro.
How much have home values in 61938 changed over the past year?
+4.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 61938?
The typical home price is 11.7× the observed annual rent in this ZIP code ($884/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 61938?
20,440, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 61938?
LIFT (0.1 mi), LIFE Academy (0.6 mi), Mattoon High School (0.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 61938?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Charleston-Mattoon, IL forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.