Similar to its nearby areas, it's significantly less expensive compared to the entire nation. However it is somewhat less expensive compared to the city of Peoria.
Home prices
The median home in Matherville costs $101,000. In comparison to other places in this area it is approximately $1,300 (1%) higher.Compared to the entire country it is about $116,500 (53%) lower, and it is approximately $24,700 (19%) lower in comparison to the city of Peoria.
Rents
In Matherville the median rent is $560 per month. This is about $96 (14%) lower in comparison to nearby areas.In comparison to the country as a whole it is about $502 (47%) lower, and in comparison to the city of Peoria it is roughly $246 (30%) lower.
Nearby places
Viola
Viola is roughly 3 miles south of Matherville. Real estate prices there are a little less expensive. The median home price in Viola is $95,000, which comes out to $6,000 (6%) lower than Matherville. The rent there is somewhat more expensive. Viola's median monthly rent is $625, which works out to $65 (10%) higher than Matherville.
Reynolds
Reynolds is roughly 5 miles northwest of Matherville. Its real estate prices are a bit more expensive. The median home in Reynolds is valued at $120,000, which works out to $19,000 (15%) higher than Matherville. Rent there is significantly more expensive. Reynolds's median monthly rent is $844, which comes out to $284 (33%) higher than Matherville.
Sherrard
Sherrard is roughly 5 miles northeast of Matherville. Its real estate prices are similar. The median home cost in Sherrard is $100,800, which is very similar to Matherville. The rent there is a little more expensive. Sherrard's median monthly rent is $675, which works out to $115 (17%) higher than Matherville.
Aledo
Aledo is approximately 7 miles southwest of Matherville. The real estate prices there are fairly similar. The median home in Aledo costs $97,900, which is $3,100 (3%) lower than Matherville. Rents there are a little more expensive. In Aledo the median rent is $621 per month, which comes out to $61 (9%) higher than Matherville.
Windsor
Windsor is about 8 miles southeast of Matherville. The housing prices there are a bit less expensive. Windsor's median home cost is $84,800, which works out to $16,200 (19%) lower than Matherville. Rent there is somewhat less expensive. The median monthly rent in Windsor is $516, which comes out to $44 (8%) lower than Matherville.
