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Foreclosure Homes in Matteson, IL

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10 View this home at Cedarwood Ln Matteson IL 60443
Preforeclosure
VIEW DETAILS
$292,059 EMV
Cedarwood Ln
Matteson, IL 60443
Single-Family
|
4 |
3
|
2,227
EST. RENT: $2,280
|
AUCTION: 04-08-2024
Single-Family
|
4 |
3
|
2,227
5 View this home at Willow Rd Matteson IL 60443
Preforeclosure
VIEW DETAILS
$196,865 EMV
Willow Rd
Matteson, IL 60443
Single-Family
|
4 |
2.5
|
1,868
EST. RENT: $2,010
|
AUCTION: 04-30-2024
Single-Family
|
4 |
2.5
|
1,868
Displaying 41 - 50 of 249

Matteson, IL Foreclosures

How much do homes sell for in Matteson, IL?
The average home price is currently $244,560.
In Matteson, IL, how many homes are available?
There are currently 6,355 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, Illinois?
The most expensive home sold in Matteson had a price of $1,629,808.
What is currently the cheapest priced home in Matteson, IL?
The cheapest home for sale in Matteson is priced at $33,956.

Home Value Estimator For Matteson, IL

There are currently 6,355 real estate properties in Matteson, IL, with a median automated valuation model (AVM) price of $230,295.00. 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 $244,560.00, with the most expensive house in Matteson, IL, topping out at $1,629,808.00 and the cheapest home in Matteson, IL, clocking in at $33,956.00. 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.


Top Reasons To Live In Matteson, IL In 2024

Matteson is located in Cook, Illinois, with an estimated municipal population of 19,448 residents. All of the best foreclosed homes for sale in Matteson are located in the following zip code areas on Foreclosure.com: 60423 60443. The estimated population per square kilometer (.62 miles) in Matteson is 807.


Cost Of Living In Matteson, IL

So, about how much do homes cost in Matteson? The most recent median value of resident-owned homes in Matteson is 162,384. An estimated 80.8 percent of households in Matteson own their homes, with an average family size of 3.45. The median household income in Matteson is 83,729, with39.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Matteson, the median commute time of resident workers (in minutes) is 38.6. And last, but certainly not least, are you looking for homes to rent in Matteson? If so, the average rent price paid by renters in Matteson is 1,227, according to recent statistics.


Diversity And Demographics In Matteson, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Matteson, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Matteson is 43.7, split between 45.5 percent male versus 54.5 female. The percentage of residents who report being married in Matteson is 49.2, with an average family size of 3.45.

The percentage of residents who report their race in Matteson is as follows:

White 14.6%
Black / African American 80.9%
Asian 1.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.3%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Matteson? Or maybe you are searching for 55+ active adult communities in and/or near Matteson?

The percentage of residents who report their age in Matteson is as follows:

Under 10 10.2%
Aged 10-19 11.6%
20s 14.1%
30s 9.6%
40s 14.5%
50s 16.6%
60s 12.3%
70s 7.7%
80+ 3.4%

Best Schools In Matteson, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Matteson with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Matteson.


Pros And Cons Of Living In Matteson, Illinois

How do you know that living in -- or moving to -- Matteson is right where you need to be? Perhaps you grew up in Matteson or already live nearby; therefore, the decision to buy a home in Matteson is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Matteson for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Matteson:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Matteson.


Reasons To Move To Matteson, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Matteson can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Matteson, meanwhile, can field multiple offers from more qualified buyers.

Matteson, IL Foreclosures


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