Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $133,500
    14% ( $16,050 ) vs Aug 2013
  • Median Sales Price
    $97,000
    17% ( $14,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $60,500
    26% ( $12,500 ) vs Aug 2013
  • Foreclosures 279
    Homes for Sale 97
    Recently Sold 401

Market Summary

There are currently 279 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 97.

In September, the number of properties that received a foreclosure filing in Midlothian, IL was 52% higher than the previous month and 12% lower than the same time last year.

Home sales for August 2014 were up 56% compared with the previous month, and up 39% compared with a year ago. The median sales price of a non-distressed home was $97,000. The median sales price of a foreclosure home was $60,500, or 38% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$60,500 (Median Foreclosure 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) $97,000 (Median 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) $60,500 (Median Foreclosure 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) $97,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,064
40.0
% (y-o-y)
$292,500
5.6
% (y-o-y)
66.2%
68.6
% (y-o-y)
TINLEY PARK
93
39.6
% (y-o-y)
$190,000
7.6
% (y-o-y)
34.2%
21.8
% (y-o-y)
Orland Park
84
36.4
% (y-o-y)
$222,000
1.3
% (y-o-y)
9.9%
30.2
% (y-o-y)
Oak Lawn
79
42.3
% (y-o-y)
$162,250
10.4
% (y-o-y)
26.0%
35.9
% (y-o-y)
Oak Forest
42
8.7
% (y-o-y)
$160,000
6.7
% (y-o-y)
18.9%
25.0
% (y-o-y)
Evergreen Park
30
48.3
% (y-o-y)
$155,000
0.0
% (y-o-y)
38.9%
22.6
% (y-o-y)
Homewood
27
51.8
% (y-o-y)
$145,000
11.5
% (y-o-y)
75.5%
22.3
% (y-o-y)
Alsip
22
53.2
% (y-o-y)
$136,500
14.2
% (y-o-y)
37.0%
10.5
% (y-o-y)
Country Club Hills
21
43.2
% (y-o-y)
$60,000
55.8
% (y-o-y)
Data not available
Riverdale
19
38.7
% (y-o-y)
$50,000
11.1
% (y-o-y)
57.0%
45.6
% (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: 6.70%
Percentage of vacant homes: 6.35%