Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $79,950
    6% ( $4,950 ) vs Feb 2013
  • Median Sales Price
    $83,500
    2% ( $1,500 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $40,500
    4% ( $1,750 ) vs Feb 2013
  • Foreclosures 371
    Homes for Sale 124
    Recently Sold 380

Market Summary

There are currently 371 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 124.

In March, the number of properties that received a foreclosure filing in Midlothian, IL was 8% higher than the previous month and 16% higher than the same time last year.

Home sales for February 2014 were up 76% compared with the previous month, and up 58% compared with a year ago. The median sales price of a non-distressed home was $83,500. The median sales price of a foreclosure home was $40,500, or 51% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$40,500 (Median Foreclosure Sales Price) $42,250 (Median Foreclosure Sales Price) $49,000 (Median Foreclosure Sales Price) $58,875 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $80,750 (Median Foreclosure Sales Price) $83,500 (Median Sales Price) $85,000 (Median Sales Price) $86,000 (Median Sales Price) $93,500 (Median Sales Price) $112,000 (Median Sales Price) $88,600 (Median Sales Price) $40,500 (Median Foreclosure Sales Price) $42,250 (Median Foreclosure Sales Price) $49,000 (Median Foreclosure Sales Price) $58,875 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $80,750 (Median Foreclosure Sales Price) $83,500 (Median Sales Price) $85,000 (Median Sales Price) $86,000 (Median Sales Price) $93,500 (Median Sales Price) $112,000 (Median Sales Price) $88,600 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,553
10.1
% (y-o-y)
$250,000
16.0
% (y-o-y)
64.6%
63.8
% (y-o-y)
Oak Lawn
68
13.9
% (y-o-y)
$114,000
15.7
% (y-o-y)
9.6%
60.4
% (y-o-y)
TINLEY PARK
60
17.8
% (y-o-y)
$165,000
1.8
% (y-o-y)
23.6%
25.2
% (y-o-y)
Orland Park
51
29.2
% (y-o-y)
$211,000
1.4
% (y-o-y)
33.2%
13.7
% (y-o-y)
Country Club Hills
32
3.2
% (y-o-y)
$90,000
17.4
% (y-o-y)
43.9%
56.0
% (y-o-y)
Oak Forest
25
7.4
% (y-o-y)
$134,000
7.6
% (y-o-y)
8.6%
22.4
% (y-o-y)
Evergreen Park
21
22.2
% (y-o-y)
$140,000
2.4
% (y-o-y)
40.0%
39.4
% (y-o-y)
Homewood
21
19.2
% (y-o-y)
$121,000
22.8
% (y-o-y)
41.3%
12.7
% (y-o-y)
Harvey
19
34.5
% (y-o-y)
$18,750
6.3
% (y-o-y)
17.3%
20.0
% (y-o-y)
Chicago Ridge
17
0.0
% (y-o-y)
$68,750
14.1
% (y-o-y)
24.4%
38.1
% (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: 8.60%
Percentage of vacant homes: 6.35%