Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $117,450
    9% ( $12,000 ) vs Jul 2013
  • Median Sales Price
    $83,000
    0% ( $0 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $48,000
    23% ( $14,000 ) vs Jul 2013
  • Foreclosures 290
    Homes for Sale 72
    Recently Sold 357

Market Summary

There are currently 290 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 72.

In August, the number of properties that received a foreclosure filing in Midlothian, IL was 30% lower than the previous month and 36% lower than the same time last year.

Home sales for July 2014 were up 0% compared with the previous month, and down 32% compared with a year ago. The median sales price of a non-distressed home was $83,000. The median sales price of a foreclosure home was $48,000, or 42% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$48,000 (Median Foreclosure Sales Price) $62,000 (Median Foreclosure Sales Price) $67,000 (Median Foreclosure Sales Price) $62,000 (Median Foreclosure Sales Price) $54,230 (Median Foreclosure Sales Price) $40,500 (Median Foreclosure Sales Price) $83,000 (Median Sales Price) $83,000 (Median Sales Price) $80,000 (Median Sales Price) $71,000 (Median Sales Price) $82,250 (Median Sales Price) $84,250 (Median 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) $54,230 (Median Foreclosure Sales Price) $40,500 (Median Foreclosure Sales Price) $83,000 (Median Sales Price) $83,000 (Median Sales Price) $80,000 (Median Sales Price) $71,000 (Median Sales Price) $82,250 (Median Sales Price) $84,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,412
56.8
% (y-o-y)
$290,000
5.5
% (y-o-y)
67.2%
69.8
% (y-o-y)
Orland Park
65
59.1
% (y-o-y)
$215,000
6.5
% (y-o-y)
7.0%
27.6
% (y-o-y)
TINLEY PARK
64
46.7
% (y-o-y)
$184,500
5.3
% (y-o-y)
35.0%
20.1
% (y-o-y)
Oak Lawn
59
56.9
% (y-o-y)
$147,250
13.1
% (y-o-y)
30.7%
26.5
% (y-o-y)
Oak Forest
28
42.9
% (y-o-y)
$162,000
12.5
% (y-o-y)
10.8%
24.0
% (y-o-y)
Homewood
27
50.0
% (y-o-y)
$131,500
1.2
% (y-o-y)
53.2%
27.7
% (y-o-y)
Country Club Hills
25
56.1
% (y-o-y)
$103,000
19.8
% (y-o-y)
40.5%
62.6
% (y-o-y)
Harvey
23
17.9
% (y-o-y)
$18,000
55.0
% (y-o-y)
Data not available
Hazel Crest
20
45.9
% (y-o-y)
$70,000
1.4
% (y-o-y)
41.8%
46.4
% (y-o-y)
Evergreen Park
20
64.3
% (y-o-y)
$155,250
4.0
% (y-o-y)
32.7%
25.1
% (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: 7.20%
Percentage of vacant homes: 6.35%