Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $111,200
    17% ( $22,300 ) vs Sep 2013
  • Median Sales Price
    $92,000
    5% ( $5,000 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $76,000
    26% ( $15,500 ) vs Sep 2013
  • Foreclosures 271
    Homes for Sale 50
    Recently Sold 409

Market Summary

There are currently 271 properties in Midlothian, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 50.

In October, the number of properties that received a foreclosure filing in Midlothian, IL was 17% lower than the previous month and 36% lower than the same time last year.

Home sales for September 2014 were up 49% compared with the previous month, and up 66% compared with a year ago. The median sales price of a non-distressed home was $92,000. The median sales price of a foreclosure home was $76,000, or 17% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$76,000 (Median Foreclosure Sales Price) $60,500 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $62,000 (Median Foreclosure Sales Price) $67,000 (Median Foreclosure Sales Price) $62,000 (Median Foreclosure Sales Price) $92,000 (Median Sales Price) $97,000 (Median Sales Price) $83,000 (Median Sales Price) $83,000 (Median Sales Price) $80,000 (Median Sales Price) $71,000 (Median Sales Price) $76,000 (Median Foreclosure Sales Price) $60,500 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $62,000 (Median Foreclosure Sales Price) $67,000 (Median Foreclosure Sales Price) $62,000 (Median Foreclosure Sales Price) $92,000 (Median Sales Price) $97,000 (Median Sales Price) $83,000 (Median Sales Price) $83,000 (Median Sales Price) $80,000 (Median Sales Price) $71,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,445
3.5
% (y-o-y)
$289,500
5.7
% (y-o-y)
65.5%
67.7
% (y-o-y)
Oak Lawn
133
6.4
% (y-o-y)
$158,000
5.2
% (y-o-y)
24.1%
23.5
% (y-o-y)
Orland Park
130
9.2
% (y-o-y)
$215,000
5.6
% (y-o-y)
21.9%
35.2
% (y-o-y)
TINLEY PARK
118
7.1
% (y-o-y)
$190,750
0.4
% (y-o-y)
35.0%
26.3
% (y-o-y)
Homewood
57
46.2
% (y-o-y)
$137,000
8.7
% (y-o-y)
50.0%
29.3
% (y-o-y)
Oak Forest
48
25.0
% (y-o-y)
$157,000
11.7
% (y-o-y)
35.4%
14.5
% (y-o-y)
Alsip
48
17.1
% (y-o-y)
$127,500
3.2
% (y-o-y)
42.9%
38.9
% (y-o-y)
Evergreen Park
43
4.9
% (y-o-y)
$159,000
0.6
% (y-o-y)
34.3%
39.1
% (y-o-y)
Palos Heights
36
16.1
% (y-o-y)
$224,500
3.4
% (y-o-y)
Data not available
Hazel Crest
32
10.3
% (y-o-y)
$81,500
1.8
% (y-o-y)
46.9%
65.1
% (y-o-y)

Local Info For Midlothian

Population:
14,581
Cost of Living Index: 106.32
Crime Index: 51.85     Rating: B+ View crime details
Schools: 8    Average School Rating: C View individual school rating
Household Median Income: $59,739
Unemployment: 6.50%
Percentage of vacant homes: 6.35%