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City-owned Homes And Land in Matteson, IL

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Living in Matteson, IL

Matteson, IL is a suburban community known for its family-friendly atmosphere and excellent amenities. It features a mix of residential neighborhoods, shopping centers, and recreational spaces. With good schools and convenient transportation options, it is ideal for families and professionals seeking a balanced lifestyle.

Current Market Conditions in Matteson, IL

The real estate market in Matteson has shown stable growth, attracting both homeowners and investors. With a mix of single-family homes and townhouses, there is a variety of properties available to suit different budgets and needs.

Currently, the demand for housing in Matteson is increasing as more individuals seek out suburban living while remaining close to Chicago. The consistent appreciation of property values in the area reflects a healthy market trend that investors may find appealing.

Home Value Estimator For Matteson, IL

There are currently 6,774 real estate properties in Matteson, IL, with a median automated valuation model (AVM) price of $262,564.00. 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 $290,828.00, with the most expensive house in Matteson, IL, topping out at $7,365,668.00 and the cheapest home in Matteson, IL, clocking in at $10,000.00. 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 City-owned Homes And Land


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