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Matherville, IL

Full City Profile · Illinois · Mercer County County

3.1 /5.0
B Good
703 Population 1,803/sq mi density
$80,714 Median Income $32,205 per capita
$136,200 Home Value $127,930 Zillow
$775 Median Rent 43.3% income on rent
50°F Avg Temperature 275 sunny days/yr
82 Violent Crime/100K 934 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$80,714 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$136,200 home value, $775/mo rent
F
Safety
1.0 / 5.0
82 violent crimes/100K
C
Education
2.4 / 5.0
17.7% bachelor's degree or higher

Housing Overview

Median Home Value
$136,200
52% below
US avg: $281,900
Median Rent
$775/mo
33% below
US avg: $1,163/mo
Homeownership Rate
82.4%
26% above US avg (65.4%)
Total Housing Units
300
Median year built: 1960

Home Value by Source

Census Median
$136,200
Zillow (ZHVI)
$127,930
Median Sale Price
$176,200
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.4%
Owner-Occupied
17.6%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $775/mo

Market Indicators (Redfin)

Median Days on Market
143 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$99
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
43.3%
of renters spending 30%+ of income on housing
40% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
82.4%

Complete Housing Data

Home Values

Census Median Value$136,200
Zillow Home Value (ZHVI)$127,930
Median Sale Price$176,200
Price Per Sq Ft$99

Rent

Census Median Rent$775
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market143
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold2
Active Inventory1
Price Per Sq Ft$99

Ownership & Stock

Owner-Occupied82.4%
Renter-Occupied17.6%
Homeownership Rate82.4%
Total Housing Units300
Median Year Built1960
Rent Burden43.3%