Matherville, IL Foreclosures
How much do homes sell for in Matherville, IL?
The average home price is currently $135,791.
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 $483,063.
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, located in Mercer County, Illinois, is a quaint village offering a laid-back lifestyle with a strong sense of community. Families and retirees alike appreciate the tranquility and natural beauty of the area, which is complemented by local amenities that cater to its residents. With easy access to neighboring cities, Matherville balances rural living with convenience.
Current Market Conditions in Matherville, IL
Currently, the real estate market in Matherville is relatively stable, characterized by modestly priced homes that appeal to first-time buyers and those looking to downsize. Homes in this area are generally well-maintained, with properties reflecting the village's charm. There has been a steady demand for housing, as many families from nearby urban areas seek out the peace and quiet of rural living.
Recent trends indicate a slight increase in home values, although the market remains affordable compared to more populated regions in Illinois. Newcomers are drawn to the area for its community spirit, low crime rates, and quality of life, which suggests ongoing growth potential for Matherville's real estate market.
Home Value Estimator For Matherville, IL
There are currently 255 real estate properties
in Matherville, IL,
with a median automated valuation model (AVM) price
of $121,928.00. 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 $135,791.00, with the most expensive house
in Matherville, IL, topping out
at $483,063.00 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.
Learn more on Foreclosure homes
