Matteson Housing Information
| Index | Matteson | Illinois | National |
| Median home price | $156,300 | $174,800 | $184,700 |
| Median rent asked | $1,193 | $925 | $949 |
| Avg. people per household | 2.9 | 2.6 | 2.6 |
| Owner occupied households | 81.3% | 66.0% | 63.6% |
| Renter occupied households | 18.7% | 34.0% | 36.4% |
Matteson Home Affordability
When deciding where to purchase Matteson, IL real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Matteson, IL the median home price is $156,300 and $80,639 is the median household income. As a result, the home price to income ratio in Matteson, IL is 1.9x, which is 34% lower than the Illinois average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Matteson, IL the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Matteson, IL.Nearby cities with low home prices
| City, State | Population | Home Price | National Avg. |
| Dixmoor, IL | 3,614 | $44,200 | 76% |
| Ford Heights, IL | 2,775 | $58,800 | 68% |
| Sauk Village, IL | 10,541 | $69,100 | 63% |
| Phoenix, IL | 2,042 | $71,600 | 61% |
| Robbins, IL | 5,216 | $72,500 | 61% |
| Matteson, IL | 19,146 | $156,300 | 15% |
Cities with similar population
| City, State | Population | Home Price | National Avg. |
| Milledgeville, GA | 19,146 | $112,400 | 39% |
| Bellwood, IL | 19,146 | $116,000 | 37% |
| Dixon, CA | 19,144 | $300,500 | 63% |
| Horizon City, TX | 19,142 | $122,200 | 34% |
| Stillwater, MN | 19,142 | $248,400 | 34% |
| Matteson, IL | 19,146 | $156,300 | 15% |