Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $115,450
    4% ( $4,450 ) vs Mar 2015
  • Median Sales Price
    $95,500
    9% ( $9,400 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $57,000
    11% ( $5,500 ) vs Mar 2015
  • Foreclosures 231
    Homes for Sale 86
    Recently Sold 247

Market Summary

There are currently 231 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 86.

In April, the number of properties that received a foreclosure filing in Midlothian, IL was 24% lower than the previous month and 33% lower than the same time last year.

Home sales for March 2016 were down 13% compared with the previous month, and up 440% compared with a year ago. The median sales price of a non-distressed home was $95,500. The median sales price of a foreclosure home was $57,000, or 40% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$57,000 (Median Foreclosure Sales Price) $51,500 (Median Foreclosure Sales Price) $60,000 (Median Foreclosure Sales Price) $66,750 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $64,000 (Median Foreclosure Sales Price) $95,500 (Median Sales Price) $104,900 (Median Sales Price) $110,000 (Median Sales Price) $82,250 (Median Sales Price) $83,000 (Median Sales Price) $0 (Median Sales Price) $57,000 (Median Foreclosure Sales Price) $51,500 (Median Foreclosure Sales Price) $60,000 (Median Foreclosure Sales Price) $66,750 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $64,000 (Median Foreclosure Sales Price) $95,500 (Median Sales Price) $104,900 (Median Sales Price) $110,000 (Median Sales Price) $82,250 (Median Sales Price) $83,000 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,163
175.3
% (y-o-y)
$247,000
2.9
% (y-o-y)
62.3%
59.2
% (y-o-y)
Orland Park
77
156.7
% (y-o-y)
$220,000
7.6
% (y-o-y)
9.5%
47.2
% (y-o-y)
Oak Lawn
74
89.7
% (y-o-y)
$152,250
8.8
% (y-o-y)
46.8%
48.9
% (y-o-y)
TINLEY PARK
74
131.3
% (y-o-y)
$178,250
8.7
% (y-o-y)
20.1%
9.9
% (y-o-y)
Homewood
38
171.4
% (y-o-y)
$103,500
14.5
% (y-o-y)
15.0%
42.1
% (y-o-y)
Hazel Crest
38
171.4
% (y-o-y)
$85,000
15.6
% (y-o-y)
39.6%
43.5
% (y-o-y)
Oak Forest
32
113.3
% (y-o-y)
$155,750
11.3
% (y-o-y)
5.0%
40.0
% (y-o-y)
Riverdale
28
40.0
% (y-o-y)
$35,000
0.0
% (y-o-y)
58.6%
27.9
% (y-o-y)
Alsip
28
300.0
% (y-o-y)
$142,500
4.0
% (y-o-y)
47.7%
32.1
% (y-o-y)
Country Club Hills
25
13.8
% (y-o-y)
$120,879
112.8
% (y-o-y)
59.5%
11.5
% (y-o-y)

Local Info For Midlothian

Population:
14,581
Cost of Living Index: 106.32
Crime Index: 46.71     Rating: A- 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%

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