Home prices
The median home price in Matteson is $165,100. In comparison to other places in this area it is approximately $16,740 (9%) lower.It is approximately $52,400 (24%) lower compared to the country as a whole, and it is roughly $92,900 (36%) lower in comparison to the city of Chicago.
Rents
In Matteson the median rent is $1,227 per month. This is roughly $251 (16%) lower compared to other places in this area.It is about $165 (15%) higher compared to the country as a whole, and is about $115 (10%) higher in comparison to the city of Chicago.
Nearby places
Richton Park
Richton Park is Matteson's neighbor to the south. Its real estate prices are a bit less expensive. Richton Park's median home value is $146,000, which is $19,100 (13%) lower than Matteson. Rents there are a little less expensive. In Richton Park the median monthly rent is $1,073, which comes out to $154 (14%) lower than Matteson.
Olympia Fields
Olympia Fields is Matteson's neighbor to the east. Real estate prices there are somewhat more expensive. Olympia Fields's median home cost is $226,500, which is $61,400 (27%) higher than Matteson. Its rents are significantly more expensive. Olympia Fields's median monthly rent is $1,866, which comes out to $639 (34%) higher than Matteson.
Frankfort Square
Frankfort Square is Matteson's neighbor to the west. Housing prices there are a bit more expensive. The median home in Frankfort Square costs $223,600, which works out to $58,500 (26%) higher than Matteson. The rent there is fairly similar. The median rent in Frankfort Square is $1,220 per month, which is very similar to Matteson.
Park Forest
Park Forest is Matteson's neighbor to the southeast. The housing prices there are significantly less expensive. Park Forest's median home price is $73,600, which works out to $91,500 (124%) lower than Matteson. The rent there is pretty similar. Park Forest's median monthly rent is $1,211, which is $16 (1%) lower than Matteson.
Flossmoor
Flossmoor is roughly 3 miles northeast from Matteson. Its real estate prices are somewhat more expensive. The value of the median home in Flossmoor is $239,500, which is $74,400 (31%) higher than Matteson. Its rents are significantly more expensive. Flossmoor's median rent is $2,021 per month, which is $794 (39%) higher than Matteson.