Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $129,450
    13% ( $14,450 ) vs Jun 2013
  • Median Sales Price
    $83,000
    4% ( $3,000 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $62,000
    7% ( $5,000 ) vs Jun 2013
  • Foreclosures 309
    Homes for Sale 127
    Recently Sold 342

Market Summary

There are currently 309 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 127.

In July, the number of properties that received a foreclosure filing in Midlothian, IL was 21% lower than the previous month and 8% lower than the same time last year.

Home sales for June 2014 were down 46% compared with the previous month, and down 34% 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 $62,000, or 25% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$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) $42,250 (Median Foreclosure 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) $85,000 (Median 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) $42,250 (Median Foreclosure 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) $85,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,530
45.2
% (y-o-y)
$288,000
7.7
% (y-o-y)
66.7%
69.5
% (y-o-y)
TINLEY PARK
94
12.1
% (y-o-y)
$179,000
5.3
% (y-o-y)
33.0%
25.0
% (y-o-y)
Oak Lawn
84
23.6
% (y-o-y)
$128,500
11.7
% (y-o-y)
15.4%
19.1
% (y-o-y)
Orland Park
70
36.9
% (y-o-y)
$208,000
3.7
% (y-o-y)
21.4%
31.3
% (y-o-y)
Oak Forest
46
17.9
% (y-o-y)
$160,000
6.0
% (y-o-y)
20.2%
37.4
% (y-o-y)
Evergreen Park
26
40.9
% (y-o-y)
$154,000
12.4
% (y-o-y)
32.5%
31.8
% (y-o-y)
Alsip
25
34.2
% (y-o-y)
$134,000
11.7
% (y-o-y)
31.0%
34.8
% (y-o-y)
Blue Island
21
78.6
% (y-o-y)
$90,000
50.0
% (y-o-y)
44.4%
34.6
% (y-o-y)
Harvey
20
53.5
% (y-o-y)
$22,750
17.3
% (y-o-y)
41.8%
47.3
% (y-o-y)
Riverdale
20
48.7
% (y-o-y)
$49,000
48.5
% (y-o-y)
59.2%
33.3
% (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: 7.50%
Percentage of vacant homes: 6.35%