Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $99,700
    9% ( $8,450 ) vs Feb 2014
  • Median Sales Price
    $92,500
    8% ( $7,500 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $69,300
    46% ( $21,800 ) vs Feb 2014
  • Foreclosures 254
    Homes for Sale 106
    Recently Sold 246

Market Summary

There are currently 254 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 106.

In March, the number of properties that received a foreclosure filing in Midlothian, IL was 77% higher than the previous month and 23% higher than the same time last year.

Home sales for February 2015 were down 14% compared with the previous month, and down 37% compared with a year ago. The median sales price of a non-distressed home was $92,500. The median sales price of a foreclosure home was $69,300, or 25% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$69,300 (Median Foreclosure Sales Price) $47,500 (Median Foreclosure Sales Price) $55,750 (Median Foreclosure Sales Price) $76,000 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $76,000 (Median Foreclosure Sales Price) $92,500 (Median Sales Price) $100,000 (Median Sales Price) $100,000 (Median Sales Price) $100,000 (Median Sales Price) $97,250 (Median Sales Price) $92,000 (Median Sales Price) $69,300 (Median Foreclosure Sales Price) $47,500 (Median Foreclosure Sales Price) $55,750 (Median Foreclosure Sales Price) $76,000 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $76,000 (Median Foreclosure Sales Price) $92,500 (Median Sales Price) $100,000 (Median Sales Price) $100,000 (Median Sales Price) $100,000 (Median Sales Price) $97,250 (Median Sales Price) $92,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,789
30.1
% (y-o-y)
$245,000
2.0
% (y-o-y)
60.8%
64.4
% (y-o-y)
Oak Lawn
45
33.8
% (y-o-y)
$133,250
15.9
% (y-o-y)
32.5%
9.6
% (y-o-y)
Orland Park
38
25.5
% (y-o-y)
$210,000
0.7
% (y-o-y)
46.0%
33.3
% (y-o-y)
TINLEY PARK
38
36.7
% (y-o-y)
$167,250
1.4
% (y-o-y)
25.3%
23.6
% (y-o-y)
Homewood
25
19.0
% (y-o-y)
$103,250
14.3
% (y-o-y)
32.2%
41.1
% (y-o-y)
Country Club Hills
23
28.1
% (y-o-y)
$56,800
36.9
% (y-o-y)
25.6%
43.9
% (y-o-y)
Oak Forest
22
12.0
% (y-o-y)
$137,500
2.6
% (y-o-y)
25.3%
8.6
% (y-o-y)
Alsip
21
40.0
% (y-o-y)
$137,000
15.6
% (y-o-y)
32.1%
45.1
% (y-o-y)
Riverdale
19
18.8
% (y-o-y)
$36,250
17.9
% (y-o-y)
40.7%
0.8
% (y-o-y)
Blue Island
17
21.4
% (y-o-y)
$90,000
21.7
% (y-o-y)
28.1%
60.0
% (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: 6.80%
Percentage of vacant homes: 6.35%