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Featured local agent — Matherville, IL
Sarah Mitchell
Compass Real Estate · Matherville, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Matherville, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$152,375median sale price
How is the Matherville, IL housing market right now?
The median home sale price in Matherville, IL is $152,375, up 24.0% year-over-year. Homes sell in an average of 13 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Matherville a buyer's or seller's market?
Matherville, IL is currently a strong seller's market, based on 0.5 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
13
Fast-moving
Active listings
1
0.5 months supply
Sale-to-list
98.8%
Below asking
What does the Matherville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $152,375 |
| Year-over-year price change | +24.0% |
| Average days on market | 13 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $122/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Matherville by property type?
How the Matherville, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $152,375 | $122/sq ft | 2 | 13 days |
Source: Redfin · Updated monthly
The Matherville housing market is currently classified as a strong seller's market with a median sale price of $152,375. Prices have risen 24.0% compared to last year, with homes spending an average of 13 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 1.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Matherville
There are currently 1 homes listed for sale in Matherville, Illinois.
Active listings
1
Homes on market
Avg. days on market
13
Days until sale
Who lives in Matherville?
Population
703
Median income
$80,714/yr
Median age
36.7 years
Owner-occupied
82.4%
College grads
17.7%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Matherville?
Zillow home value
$129,372
Price-to-income
1.6x
Source: Zillow Research
What is it like to live in Matherville?
Matherville is a community of approximately 1K residents with a median age of 36.7 years.The median household income is $80,714, which reflects a relatively affluent area with strong earning potential. 17.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Matherville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Matherville?
1 schools tracked · 191 students
The largest public schools serving Matherville, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Matherville Intermediate School
Grades 5-6 · 191 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Matherville, IL?
Want a head-to-head view? Compare Matherville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Matherville?
The median home sale price in Matherville is $152,375, up 24.0% from last year.
How long do homes stay on market in Matherville?
Homes typically spend 13 days on market before going under contract.
What is the median income in Matherville?
The median household income is $80,714 per year.
Is Matherville a buyer's or seller's market?
With 0.5 months of supply, Matherville is currently a strong seller's market.
What is the Zillow home value estimate for Matherville?
The Zillow Home Value Index (ZHVI) for Matherville is $129,372, representing the typical home value in the area.
How much does a single-family home cost in Matherville?
The median single-family home price in Matherville, IL is $152,375 (about $122 per square foot).
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