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Foreclosure Homes in Matteson, IL

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Matteson, IL Foreclosures

How much do homes sell for in Matteson, IL?
The average home price is currently $297,394.
In Matteson, IL, how many homes are available?
There are currently 286 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 $7,602,539.
What is currently the cheapest priced home in Matteson, IL?
The cheapest home for sale in Matteson is priced at $13,366.

Living in Matteson, IL

Matteson, IL, is a charming suburban community situated 30 miles south of Chicago. It boasts family-friendly neighborhoods, ample parks, and various shopping options, complemented by superb transportation connectivity to the city. Whether you're looking for a peaceful retreat or easy access to urban amenities, Matteson has something to offer everyone.

Current Market Conditions in Matteson, IL

Currently, the real estate market in Matteson shows a steady demand for homes, with an increasing number of buyers looking for affordable housing options as they expand from the city. The market remains competitive, with well-priced homes attracting multiple offers.

Over the past couple of years, there has been a noticeable trend of growth in the suburban real estate market across the United States, and Matteson is no exception. The area has seen a rise in home purchases due to its appealing location and family-friendly environment.

Home Value Estimator For Matteson, IL

There are currently 6,799 real estate properties in Matteson, IL, with a median automated valuation model (AVM) price of $267,286.00. 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 $297,394.00, with the most expensive house in Matteson, IL, topping out at $7,602,539.00 and the cheapest home in Matteson, IL, clocking in at $13,366.00. 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: 286

Market Values:

Home Prices from $13,366 to $7,602,539

Average Sales Price: $297,394

Rental Values:

Rental from $1,080 to $4,560

Average Rent Value: $1,841 / month

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