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Foreclosure Homes in Matherville, IL

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Matherville, IL Foreclosures

Current Market Conditions in in Matherville, IL As of February 2026?
In the past month, Matherville's housing market has experienced a minor uptick in activity, reflecting a growing interest from prospective buyers. While inventory remains limited, there were several properties that sold quickly, indicating that buyers are ready to make competitive offers. Sellers are adjusting their pricing strategies accordingly to capitalize on this increased demand, which could lead to further price stabilization or even appreciation in the coming months.
How much do homes sell for in Matherville, IL?
The average home price is currently $136,908.
In Matherville, IL, how many homes are available?
There are currently 11 active home listings available in Matherville.
What’s the average rental cost in Matherville, IL?
The average rental price in Matherville is $1,116.
What is the most expensive home in Matherville?
The most expensive home sold in Matherville had a price of $476,360.
What is currently the cheapest priced home in Matherville, IL?
The cheapest home for sale in Matherville is priced at $19,010.

Living in Matherville, IL

Matherville, IL is a small village that combines the beauty of rural living with community-oriented amenities. Residents enjoy access to local parks and are supported by friendly businesses, all while being part of a warm, welcoming community. It’s an ideal place for those looking for peace and a tight-knit neighborhood feel.

Buyer vs Seller Market in Matherville, IL

The current real estate market in Matherville is relatively stable, with a slight increase in home values over the last year. Demand for properties in this picturesque village is growing, driven by families seeking a peaceful lifestyle away from the bustle of city life. More buyers are showing interest due to the availability of affordable housing options.

Recent trends indicate that Matherville's real estate market is becoming increasingly attractive, especially for first-time homebuyers. The combination of low-interest rates and the village's appealing amenities has created favorable conditions for those looking to purchase homes.

Home Value Estimator For Matherville, IL

There are currently 262 real estate properties in Matherville, IL, with a median automated valuation model (AVM) price of $122,384.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Matherville, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Matherville, IL, is $136,908.00, with the most expensive house in Matherville, IL, topping out at $476,360.00 and the cheapest home in Matherville, IL, clocking in at $19,010.00. In other words, there’s something for every potential homebuyer or savvy investor in Matherville, IL!

Rent Prices In Matherville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Matherville, IL, is on a rollercoaster ride. The average rent price in Matherville, IL, is $1,116.00. Indeed, when looking to rent in Matherville, IL, you can expect to pay as little as $670.00 or as much as $2,180.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Matherville, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Matherville, IL Foreclosures


Market Trend for Matherville, IL

Total Listings Available: 11

Market Values:

Home Prices from $19,010 to $476,360

Average Sales Price: $136,908

Rental Values:

Rental from $670 to $2,180

Average Rent Value: $1,116 / month

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