Photo: SHurleyVOM · CC BY-SA 4.0194 homes sold in Matteson in the last year, at a typical $265K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Matteson homes are listed.
Every place Matteson homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Matteson.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 87% of Matteson’s sales, at a typical $270K
194 homes sold in the year to May 2026.
typical sale · 168 sold in 12 months
- Per square foot
- $149IL $180
- Days to sell
- 80
- Sold over asking
- 35%
- Listings with a price cut
- 25%
Multi-family (2–4 units): 1 sold, typical $248K
Townhouses: 20 sold, typical $274K
Condos: 5 sold, typical $135K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
194 sales in the last year, against 373 in 2017 and a low of 196 in 2024. The typical sale went from $129K in 2016 to $265K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Matteson
Check a listing against what Matteson 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.
Bidding wars in Matteson are back to pre-pandemic levels, with about as many homes for sale
We read every month of Matteson’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 194 sales.
If you’re buying in Matteson
- Shop in February. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- You can negotiate. 25% of listings have cut their price, against 20% before the pandemic.
- Bid near asking. Buyers paid 99% of the list price on average; 37% paid over.
- You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 82 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 33 a month), but June is the most competitive: 46% of June sales close over asking. February and March offer nearly as much choice with fewer homes bid up (34%). February has the least competition (34%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Illinois as a whole
| Matteson now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 37% | 34% | 56% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 28% | 32% | 59% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | 20% | 11% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99% | 98.2% | 102% | 99.2% |
| Days to sellMedian days from listing to contract | 82 | 64 | 12 | 49 |
85 homes for sale on a typical day
That’s 2.6 times the 2021 low (33), 13% fewer than in 2017–19 and well under 2012’s 136.
1 in 4 listings has cut its price
25% in the last year, against 20% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 40%, condos 61%
A house typically sold for $270K in the last year (168 sales), a condo for $135K (5).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Matteson ranks 181st of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Matteson is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Matteson home costs about $1,984 a month
Price: Matteson’s typical sale, last 12 months. Property tax at Matteson’s 2.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Matteson is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 17.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $265K home, about $7,220 a year.
Taxes vs. neighborsSchools
The schools grade for Matteson, from test results, graduation and how much students grow.
Schools in MattesonTypical commute
The average one-way trip to work for people who live in Matteson.
Work & commuteCheck 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 hazardsLook 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.
Richton Park, Olympia Fields, Park Forest and Country Club Hills sell for less a square foot; Frankfort Square for far more
The busier markets within 25 miles of Matteson, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Park Forest | 291 | $155K | $122 | 32% | 81 |
| Country Club Hills | 218 | $225K | $140 | 39% | 72 |
| Matteson | 194 | $265K | $148 | 37% | 82 |
| Flossmoor | 128 | $327K | $151 | 37% | 74 |
| Richton Park | 127 | $211K | $141 | 43% | 81 |
| Frankfort Square | 107 | $350K | $221 | 37% | 44 |
| Olympia Fields | 49 | $412K | $136 | 24% | 79 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Matteson, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Matteson. People who follow the town see it, and so do people comparing Matteson with their own town. No commission, no listing fee.
Questions about buying a home in Matteson
What do homes sell for in Matteson, IL?
194 homes sold in the year to May 2026 at a typical $265K, $148 a square foot.
Is Matteson a buyer’s or seller’s market?
A balanced market: 80 homes were for sale in May 2026 and 19 sold, about 4.2 months of supply. Buyers paid 99% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Matteson?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Matteson?
About 2.7% of a home’s value a year. On a $265K home that’s near $7,220.
Where can I see homes for sale in Matteson?
Zillow, Redfin, Realtor.com and Homes.com all carry Matteson’s MLS listings; the search links above open each one filtered to Matteson.
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).