Matteson, IL
Full City Profile · Illinois · Will County County
4.3
/5.0
A
Great
18,681
Population
2,011/sq mi density
$98,617
Median Income
$47,102 per capita
$251,400
Home Value
$275,871 Zillow
$1,390
Median Rent
26.5% income on rent
50°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
B+
Economy
3.8 / 5.0
$98,617 median income, 10.6% unemployment
A+
Affordability
5.0 / 5.0
$251,400 home value, $1,390/mo rent
A
Education
4.2 / 5.0
40.2% bachelor's degree or higher
Housing Overview
Median Home Value
$251,400
11% below
US avg: $281,900
Median Rent
$1,390/mo
20% above
US avg: $1,163/mo
Homeownership Rate
77.0%
18% above US avg (65.4%)
Total Housing Units
7,836
Median year built: 1993
Home Value by Source
Census Median
$251,400
Zillow (ZHVI)
$275,871
Redfin Median Sale
$236,000
Median Sale Price
$236,000
Median List Price
$270,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.0%
Owner-Occupied
23.0%
Renter-Occupied
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:
$1,390/mo
· Zillow rent:
$2,359/mo
Market Indicators (Redfin)
Median Sale Price
$236,000
Median Days on Market
116 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
22.8%
of listings with price reduction
Price Per Sq Ft
$149
Active Inventory
79
homes for sale
Affordability & Housing Stock
Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
77.0%
Complete Housing Data
Home Values
| Census Median Value | $251,400 |
| Zillow Home Value (ZHVI) | $275,871 |
| Redfin Median Sale | $236,000 |
| Median Sale Price | $236,000 |
| Median List Price | $270,000 |
| Price Per Sq Ft | $149 |
Rent
| Census Median Rent | $1,390 |
| Zillow Rent (ZORI) | $2,359 |
| 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 Market | 116 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.8% |
| Homes Sold | 10 |
| Active Inventory | 79 |
| Price Per Sq Ft | $149 |
Ownership & Stock
| Owner-Occupied | 77.0% |
| Renter-Occupied | 23.0% |
| Homeownership Rate | 77.0% |
| Total Housing Units | 7,836 |
| Median Year Built | 1993 |
| Rent Burden | 26.5% |