Bankruptcy Homes in Matherville, IL

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Home Value Estimator For Matherville, IL

There are currently 6 real estate properties in Matherville, IL, with a median automated valuation model (AVM) price of $94,900.00. 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 $94,100.00, with the most expensive house in Matherville, IL, topping out at $149,900.00 and the cheapest home in Matherville, IL, clocking in at $11,000.00. 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 $913.00. Indeed, when looking to rent in Matherville, IL, you can expect to pay as little as $800.00 or as much as $1,150.00, with the average rent median estimated to be $840.00. 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.

Foreclosure Homes in Matherville, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Matherville, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Matherville, IL and much more. Save thousands at closing with home foreclosure listings in Matherville, IL — up to 75% off market value!

Top Reasons To Live In Matherville, IL In 2023

Matherville is located in Mercer, Illinois, with an estimated municipal population of 662 residents. All of the best foreclosed homes for sale in Matherville are located in the following zip code areas on 61231 61263. The estimated population per square kilometer (.62 miles) in Matherville is 653.

Cost Of Living In Matherville, IL

So, about how much do homes cost in Matherville? The most recent median value of resident-owned homes in Matherville is 101,017. An estimated 66.5 percent of households in Matherville own their homes, with an average family size of 3.18. The median household income in Matherville is 67,083, with23.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Matherville, the median commute time of resident workers (in minutes) is 29.6. And last, but certainly not least, are you looking for homes to rent in Matherville? If so, the average rent price paid by renters in Matherville is 560, according to recent statistics.

Diversity And Demographics In Matherville, 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 Matherville, 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 Matherville is 34.3, split between 47 percent male versus 53 female. The percentage of residents who report being married in Matherville is 57, with an average family size of 3.18.

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

White 96.6%
Black / African American 0.6%
Asian 0.7%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0.8%

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

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

Under 10 21%
Aged 10-19 17.5%
20s 6.9%
30s 13.8%
40s 14.3%
50s 8.6%
60s 9.6%
70s 6%
80+ 2.4%

Best Schools In Matherville, 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 Matherville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Matherville.

Pros And Cons Of Living In Matherville, Illinois

How do you know that living in -- or moving to -- Matherville is right where you need to be? Perhaps you grew up in Matherville or already live nearby; therefore, the decision to buy a home in Matherville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Matherville 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 Matherville:

  • 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 Matherville.

Reasons To Move To Matherville, Illinois, In 2023

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

Matherville, IL Bankruptcy Homes


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