The housing market in 61263 Matherville, IL is considerably more affordable than the national average. The median value of a home in Matherville is $114,200 compared to the US median house value of $338,100. While the US enjoyed an 8.27% appreciation rate over the course of one year, houses in Matherville appreciated at a slightly lower rate of 6.99%. This means that people looking to purchase a home in Matherville can expect to find relatively more affordable homes when compared to other areas.
The median home cost in Matherville (zip 61263) is $114,200. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Matherville (zip 61263) is up 8.3%.
Average Age of Homes
- The median age of Matherville (zip 61263) real estate is 60 years old
The Rental Market in Matherville (zip 61263)
- Renters make up 19.1% of the Matherville (zip 61263) population
- 4.2% of houses and apartments in Matherville (zip 61263), 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.