The housing market in Matteson, MI is booming. The median value of a house is $163,300 which is considerably lower than the US median value of $338,100. This makes Matteson a great place to buy a home for those on a budget. Furthermore, the one-year appreciation rate of 10.54% in Matteson is higher than the national average of 8.27%, making it an attractive option for real estate investors as well. With its affordability and overall market growth, Matteson is an ideal location for potential homeowners and savvy investors alike.
The median home cost in Matteson is $163,300. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Matteson is up 14.9%.
Average Age of Homes
- The median age of Matteson real estate is 52 years old
The Rental Market in Matteson
- Renters make up 12.1% of the Matteson population
- 1.5% of houses and apartments in Matteson, 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.