Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $98,000
    0% ( $0 ) vs May 2014
  • Median Sales Price
    $87,000
    7% ( $6,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $74,500
    6% ( $4,500 ) vs May 2014
  • Foreclosures 228
    Homes for Sale 97
    Recently Sold 130

Market Summary

There are currently 228 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 97.

In June, the number of properties that received a foreclosure filing in Midlothian, IL was 3% lower than the previous month and 24% lower than the same time last year.

Home sales for May 2015 were up 73% compared with the previous month, and down 59% 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 $74,500, or 14% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$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) $55,750 (Median Foreclosure 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) $100,000 (Median 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) $55,750 (Median Foreclosure 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) $100,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,591
29.0
% (y-o-y)
$276,500
0.5
% (y-o-y)
60.9%
65.8
% (y-o-y)
TINLEY PARK
75
12.8
% (y-o-y)
$177,000
1.1
% (y-o-y)
18.9%
34.3
% (y-o-y)
Orland Park
64
47.1
% (y-o-y)
$219,000
6.8
% (y-o-y)
48.4%
22.0
% (y-o-y)
Oak Lawn
50
50.0
% (y-o-y)
$128,250
1.0
% (y-o-y)
48.1%
27.6
% (y-o-y)
Country Club Hills
36
56.5
% (y-o-y)
$52,500
55.3
% (y-o-y)
4.3%
51.5
% (y-o-y)
Oak Forest
34
17.2
% (y-o-y)
$131,500
18.1
% (y-o-y)
18.3%
26.2
% (y-o-y)
Homewood
26
33.3
% (y-o-y)
$140,000
8.5
% (y-o-y)
50.4%
26.0
% (y-o-y)
Blue Island
24
41.2
% (y-o-y)
$54,000
40.0
% (y-o-y)
22.2%
48.9
% (y-o-y)
Hazel Crest
22
10.0
% (y-o-y)
$124,000
45.9
% (y-o-y)
65.7%
46.5
% (y-o-y)
Alsip
21
5.0
% (y-o-y)
$101,500
32.2
% (y-o-y)
30.5%
33.9
% (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: 6.30%
Percentage of vacant homes: 6.35%