Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $99,900
    2% ( $1,900 ) vs Jun 2014
  • Median Sales Price
    $87,000
    0% ( $0 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $55,500
    26% ( $19,000 ) vs Jun 2014
  • Foreclosures 227
    Homes for Sale 94
    Recently Sold 90

Market Summary

There are currently 227 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 94.

In July, the number of properties that received a foreclosure filing in Midlothian, IL was 22% lower than the previous month and 24% lower than the same time last year.

Home sales for June 2015 were up 5% compared with the previous month, and down 20% compared with a year ago. The median sales price of a non-distressed home was $87,000. The median sales price of a foreclosure home was $55,500, or 36% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$55,500 (Median Foreclosure Sales Price) $74,500 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $69,900 (Median Foreclosure Sales Price) $69,300 (Median Foreclosure Sales Price) $47,500 (Median Foreclosure Sales Price) $87,000 (Median Sales Price) $87,000 (Median Sales Price) $81,000 (Median Sales Price) $130,500 (Median Sales Price) $92,500 (Median Sales Price) $100,000 (Median Sales Price) $55,500 (Median Foreclosure Sales Price) $74,500 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $69,900 (Median Foreclosure Sales Price) $69,300 (Median Foreclosure Sales Price) $47,500 (Median Foreclosure Sales Price) $87,000 (Median Sales Price) $87,000 (Median Sales Price) $81,000 (Median Sales Price) $130,500 (Median Sales Price) $92,500 (Median Sales Price) $100,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,938
24.3
% (y-o-y)
$290,500
0.2
% (y-o-y)
62.5%
66.9
% (y-o-y)
Oak Lawn
66
21.4
% (y-o-y)
$150,000
16.3
% (y-o-y)
25.3%
15.7
% (y-o-y)
Orland Park
52
25.7
% (y-o-y)
$238,000
14.4
% (y-o-y)
35.8%
21.4
% (y-o-y)
TINLEY PARK
49
47.9
% (y-o-y)
$180,566
0.9
% (y-o-y)
35.2%
33.0
% (y-o-y)
Homewood
41
115.8
% (y-o-y)
$130,500
3.0
% (y-o-y)
43.7%
26.2
% (y-o-y)
Country Club Hills
31
244.4
% (y-o-y)
$69,000
44.8
% (y-o-y)
29.7%
55.6
% (y-o-y)
Oak Forest
27
41.3
% (y-o-y)
$149,000
6.9
% (y-o-y)
26.8%
20.2
% (y-o-y)
Evergreen Park
20
23.1
% (y-o-y)
$164,000
6.5
% (y-o-y)
61.4%
32.5
% (y-o-y)
Hazel Crest
20
25.0
% (y-o-y)
$125,000
78.6
% (y-o-y)
59.6%
27.9
% (y-o-y)
Harvey
19
5.0
% (y-o-y)
$44,000
93.4
% (y-o-y)
61.4%
41.8
% (y-o-y)

Local Info For Midlothian

Population:
14,581
Cost of Living Index: 106.32
Crime Index: 60.41     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%