Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $89,950
    22% ( $24,950 ) vs Nov 2013
  • Median Sales Price
    $96,500
    0% ( $250 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $76,000
    14% ( $12,000 ) vs Nov 2013
  • Foreclosures 263
    Homes for Sale 90
    Recently Sold 347

Market Summary

There are currently 263 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 90.

In December, the number of properties that received a foreclosure filing in Midlothian, IL was 36% higher than the previous month and 33% lower than the same time last year.

Home sales for November 2014 were down 33% compared with the previous month, and down 21% compared with a year ago. The median sales price of a non-distressed home was $96,500. The median sales price of a foreclosure home was $76,000, or 21% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$76,000 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure 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) $96,500 (Median Sales Price) $96,750 (Median Sales Price) $92,000 (Median Sales Price) $97,000 (Median Sales Price) $83,000 (Median Sales Price) $83,000 (Median Sales Price) $76,000 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure 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) $96,500 (Median Sales Price) $96,750 (Median Sales Price) $92,000 (Median Sales Price) $97,000 (Median Sales Price) $83,000 (Median Sales Price) $83,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,098
30.9
% (y-o-y)
$272,500
4.8
% (y-o-y)
65.1%
65.4
% (y-o-y)
Oak Lawn
68
18.1
% (y-o-y)
$148,250
1.8
% (y-o-y)
53.5%
31.1
% (y-o-y)
TINLEY PARK
60
18.9
% (y-o-y)
$185,000
5.1
% (y-o-y)
33.0%
28.2
% (y-o-y)
Orland Park
45
48.9
% (y-o-y)
$210,000
5.9
% (y-o-y)
40.5%
32.8
% (y-o-y)
Oak Forest
32
25.6
% (y-o-y)
$155,000
5.3
% (y-o-y)
34.8%
26.7
% (y-o-y)
Riverdale
21
50.0
% (y-o-y)
$33,500
11.7
% (y-o-y)
43.3%
20.8
% (y-o-y)
Hazel Crest
21
0.0
% (y-o-y)
$62,000
6.9
% (y-o-y)
11.3%
30.2
% (y-o-y)
Markham
20
5.3
% (y-o-y)
$40,500
22.9
% (y-o-y)
Data not available
Harvey
19
20.8
% (y-o-y)
$30,750
20.6
% (y-o-y)
49.6%
44.1
% (y-o-y)
Homewood
18
50.0
% (y-o-y)
$127,500
12.8
% (y-o-y)
16.1%
35.8
% (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: 6.00%
Percentage of vacant homes: 6.35%