Matherville, Illinois.
Typical home $139,296 (+5.0% in a year). Davenport-Moline-Rock Island, IA-IL metro.
to buy the typical home at today's mortgage rate — +$394 (+117%) since Feb 2021.
- 1 year
- Up $6,638 +5%
- $132,658$139,296 since Sep 2025
- 5 years
- Up $34,586 +33%
- $104,709$139,296 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Matherville$731
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Matherville, IL rose 5.0% over the past year — faster than the nation's +1.2%.
Living in Matherville, Mercer County, Illinois
Matherville is a village of 707 people in Mercer County. Half its households earn more than $86,500 a year and half less, against $74,182 across Mercer County; 8% of its people live below the poverty line. 89% of its homes are lived in by their owners and 11% are rented. Unemployment in Mercer County was 3.6% in August 2026, and the county had 7.5% more jobs in 2025 than the year before. The most people in Mercer County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Matherville is a small village in Mercer County, Illinois, where nearly everyone owns the home they live in. Household incomes run above the county's, and fewer residents live below the poverty line than you might expect for a rural area. Homes are priced modestly, and winters are cold, with January highs near freezing and a fair amount of snow each year before the warm summers arrive.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and the building trades close behind. Across Mercer County, the largest workplaces include the Mercer County School District, Walmart and Genesis Medical Center - Aledo. Unemployment across the county has eased compared with a year ago, and the county has gained jobs. Commutes are somewhat long, and some residents work from home.
Things to do. Most outings mean a longer drive. The Rock River is the best known of the nearby waterways, and Rock Island Arsenal is an archaeological site worth a visit for history lovers. The Figge Art Museum offers an indoor option for the colder months, though it, too, is a longer drive away.
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- 272households
- 18%of adults have a degree
- 8%below the poverty line
- 27 mintypical commute
- 11%work from home
What people in Mercer County work in
Employed residents by industry, from the Census survey. Mercer County had 3,190 jobs in 2025, 7.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 13°; warmest in July, with highs near 85° and lows near 63°. About 22 inches of snow and 39 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Aledo weather station, 8 miles away (NOAA).
Largest workplaces in Mercer County
- Mercer County School District 404School district168FTE
- Sherrard CUSD 200School district147FTE
- WalmartDiscount department stores85
- Mercer Manor RehabilitationNursing homes75
- Genesis Medical Center - AledoCritical access hospital73FTE
- Arcadia Care of AledoSkilled nursing facilities55
- Novus AgChemicals, agricultural, merchant wholesalers46
- Meridian Senior Living623312 assisted living facilities for the elderly36
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 505 people in all across the county; Matherville has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- Strong windVery high
- Ice stormsRelatively high
- Winter weatherRelatively high
- DroughtRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Matherville’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Mercer County and the Davenport-Moline-Rock Island, IA-IL metro.
Matherville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Matherville$139,296
- Illinois$295,943
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Matherville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Matherville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.