Matteson, IL

Buyer's market-15.7% YoY

Housing market overview · Updated weekly

$236,000median sale price

Homes sold

10

Last 12 weeks

Days on market

116

Average pace

Active listings

79

7.9 months supply

Sale-to-list

98.8%

Below asking

The Matteson housing market is currently classified as a buyer's market with a median sale price of $236,000. Prices have fallen 15.7% compared to last year, with homes spending an average of 116 days on market, indicating 7.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Matteson

There are currently 79 homes listed for sale in Matteson, Illinois. The median listing price is $270K.

Active listings

79

Homes on market

Median list price

$270K

Avg. days on market

116

Days until sale

New this week

20

Newly listed

Price drops:22.8%of listings
Sale-to-list:98.8%

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Frequently asked questions

What is the average home price in Matteson?

The median home sale price in Matteson is $236,000, down 15.7% from last year.

How long do homes stay on market in Matteson?

Homes typically spend 116 days on market before going under contract.

Is Matteson a buyer's or seller's market?

With 7.9 months of supply, Matteson is currently a buyer's market.

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