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Matherville, Illinois (7981542903)Photo: Ken Lund from Reno, Nevada, USA · CC BY-SA 2.0
Housing in Matherville

12 homes sold in Matherville in the last year, at a typical $150K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Matherville homes are listed.

Homes sold
12
April 2025 to March 2026
Typical sale price
$150K
median, weighted by sales
Price per square foot
$105
Illinois $191
Paid vs. asking
96.2%
25% sold over asking
For sale now
1
March 2026 · 2 sold that month
What sold · last 12 months

Houses are 92% of Matherville’s sales, at a typical $161K

12 homes sold in the year to March 2026.

Houses$161K

typical sale · 11 sold in 12 months

Per square foot
$113IL $178
Days to sell
55
Sold over asking
27%
Listings with a price cut
75%
Fewer sales

Townhouses: 1 sold, typical $29K

Too few sales in 12 months for reliable figures.

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Matherville

Houseat $113 a sq ft
The same money in Illinoisat $178 a sq ft

Is this asking price fair?

Check a listing against what Matherville homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Matherville home costs about $1,033 a month

Mortgage
Property tax
Insurance
Rent

Price: Matherville’s typical sale, last 12 months. Property tax at Matherville’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Matherville is affordable on local pay is on Cost of living.

Before you buy in Matherville

Four things worth knowing

2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $150K home, about $3,010 a year.

Taxes vs. neighbors
27 min

Typical commute

The average one-way trip to work for people who live in Matherville.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Matherville, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Matherville. People who follow the town see it, and so do people comparing Matherville with their own town. No commission, no listing fee.

Questions about buying a home in Matherville

What do homes sell for in Matherville, IL?

12 homes sold in the year to March 2026 at a typical $150K, $105 a square foot.

Is Matherville a buyer’s or seller’s market?

A seller’s market: 1 homes were for sale in March 2026 and 2 sold, about 0.5 months of supply. Buyers paid 96.2% of asking on average, and 75% of listings cut their price.

How much are property taxes in Matherville?

About 2% of a home’s value a year. On a $150K home that’s near $3,010.

Where can I see homes for sale in Matherville?

Zillow, Redfin, Realtor.com and Homes.com all carry Matherville’s MLS listings; the search links above open each one filtered to Matherville.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).