Matherville, IL is a great place to invest in housing. The median value for homes in Matherville is currently $113,000, which is substantially lower than the US median of $338,100. Homeowners and prospective buyers alike will be pleased to know that the appreciation rate of houses in Matherville over the past year has been 6.99%, compared to 8.27% across the nation. Investing in housing in Matherville is a great way to get a bang for your buck!
The median home cost in Matherville is $113,000. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Matherville is up 8.3%.
Average Age of Homes
- The median age of Matherville real estate is 59 years old
The Rental Market in Matherville
- Renters make up 22.3% of the Matherville population
- 4.4% of houses and apartments in Matherville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.