Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $114,900
    3% ( $3,700 ) vs Oct 2013
  • Median Sales Price
    $96,750
    5% ( $4,750 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $88,000
    16% ( $12,000 ) vs Oct 2013
  • Foreclosures 259
    Homes for Sale 77
    Recently Sold 417

Market Summary

There are currently 259 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 77.

In November, the number of properties that received a foreclosure filing in Midlothian, IL was 3% lower than the previous month and 26% lower than the same time last year.

Home sales for October 2014 were down 22% compared with the previous month, and up 7% compared with a year ago. The median sales price of a non-distressed home was $96,750. The median sales price of a foreclosure home was $88,000, or 9% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$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) $67,000 (Median Foreclosure 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) $80,000 (Median 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) $67,000 (Median Foreclosure 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) $80,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,435
20.1
% (y-o-y)
$280,000
5.7
% (y-o-y)
62.5%
65.7
% (y-o-y)
Oak Lawn
140
18.6
% (y-o-y)
$149,000
3.9
% (y-o-y)
22.7%
32.9
% (y-o-y)
Orland Park
122
25.8
% (y-o-y)
$211,000
6.2
% (y-o-y)
30.7%
35.4
% (y-o-y)
TINLEY PARK
93
8.8
% (y-o-y)
$190,000
0.0
% (y-o-y)
34.5%
25.3
% (y-o-y)
Homewood
55
7.8
% (y-o-y)
$125,000
4.2
% (y-o-y)
34.8%
32.7
% (y-o-y)
Oak Forest
40
8.1
% (y-o-y)
$155,000
4.7
% (y-o-y)
34.7%
19.1
% (y-o-y)
Evergreen Park
37
48.0
% (y-o-y)
$152,500
4.7
% (y-o-y)
37.0%
38.3
% (y-o-y)
Alsip
36
20.0
% (y-o-y)
$117,500
3.5
% (y-o-y)
38.1%
38.3
% (y-o-y)
Country Club Hills
33
5.7
% (y-o-y)
$72,500
38.3
% (y-o-y)
28.3%
63.8
% (y-o-y)
Hazel Crest
31
3.3
% (y-o-y)
$75,500
30.2
% (y-o-y)
27.2%
39.7
% (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: 6.50%
Percentage of vacant homes: 6.35%