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Matteson, IL

Full City Profile · Illinois · Will County County

3.6 /5.0
B+ Good
18,681 Population 2,011/sq mi density
$98,617 Median Income $47,102 per capita
$251,400 Home Value $261,214 Zillow
$1,390 Median Rent 26.5% income on rent
51°F Avg Temperature 275 sunny days/yr
1,296 Violent Crime/100K 2,798 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$98,617 median income, 6.9% unemployment
A+
Affordability
5.0 / 5.0
$251,400 home value, $1,390/mo rent
F
Safety
1.0 / 5.0
1,296 violent crimes/100K (241% above avg)
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)
$261,214
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
77%
23%
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 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)$261,214
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 Market116
Sale-to-List Ratio1.0%
Price Drops22.8%
Homes Sold10
Active Inventory79
Price Per Sq Ft$149

Ownership & Stock

Owner-Occupied77.0%
Renter-Occupied23.0%
Homeownership Rate77.0%
Total Housing Units7,836
Median Year Built1993
Rent Burden26.5%