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Foreclosure Homes in Matteson, IL

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Matteson, IL Foreclosures

Current Market Conditions in in Matteson, IL As of February 2026?
Over the past month, Matteson's real estate market has exhibited a stable yet positive trend, with steady growth in home sales activity. Increased interest in the area has led to a slight spike in home values, and listings are moving faster than the previous month. This upward momentum suggests a burgeoning demand, with buyers looking to secure properties before prices can rise further.
How much do homes sell for in Matteson, IL?
The average home price is currently $294,851.
In Matteson, IL, how many homes are available?
There are currently 280 active home listings available in Matteson.
What’s the average rental cost in Matteson, IL?
The average rental price in Matteson is $1,841.
What is the most expensive home in Matteson?
The most expensive home sold in Matteson had a price of $7,556,221.
What is currently the cheapest priced home in Matteson, IL?
The cheapest home for sale in Matteson is priced at $13,270.

Living in Matteson, IL

Matteson, Illinois, is a thriving suburban community located just south of Chicago, characterized by its excellent schools, numerous parks, and a strong sense of community. With convenient access to transportation options, residents enjoy a suburban lifestyle while being close to the bustling city. The village also offers various amenities, including shopping, dining, and recreational activities.

Buyer vs Seller Market in Matteson, IL

The real estate market in Matteson has recently shown signs of growth, with an increasing number of homes being sold compared to previous years. The area is attracting more buyers seeking suburban living due to its affordability and accessible location.

Current demand for homes in Matteson has led to a rise in property prices, albeit at a moderate rate. The community is particularly appealing to families and first-time buyers, creating a competitive market that encourages new developments and renovations.

Home Value Estimator For Matteson, IL

There are currently 6,800 real estate properties in Matteson, IL, with a median automated valuation model (AVM) price of $262,483.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Matteson, 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 Matteson, IL, is $294,851.00, with the most expensive house in Matteson, IL, topping out at $7,556,221.00 and the cheapest home in Matteson, IL, clocking in at $13,270.00. In other words, there’s something for every potential homebuyer or savvy investor in Matteson, IL!

Rent Prices In Matteson, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Matteson, IL, is on a rollercoaster ride. The average rent price in Matteson, IL, is $1,841.00. Indeed, when looking to rent in Matteson, IL, you can expect to pay as little as $1,080.00 or as much as $4,560.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Matteson, 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.

Matteson, IL Foreclosures


Market Trend for Matteson, IL

Total Listings Available: 280

Market Values:

Home Prices from $13,270 to $7,556,221

Average Sales Price: $294,851

Rental Values:

Rental from $1,080 to $4,560

Average Rent Value: $1,841 / month

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