Midlothian Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $121,900
    6% ( $6,450 ) vs Apr 2015
  • Median Sales Price
    $95,000
    1% ( $500 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $88,000
    54% ( $31,000 ) vs Apr 2015
  • Foreclosures 233
    Homes for Sale 85
    Recently Sold 206

Market Summary

There are currently 233 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 85.

In May, the number of properties that received a foreclosure filing in Midlothian, IL was 41% higher than the previous month and 6% lower than the same time last year.

Home sales for April 2016 were down 22% compared with the previous month, and up 91% compared with a year ago. The median sales price of a non-distressed home was $95,000. The median sales price of a foreclosure home was $88,000, or 7% lower than non-distressed home sales.

Sales Prices - Midlothian, IL




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$88,000 (Median Foreclosure 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) $95,000 (Median 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) $88,000 (Median Foreclosure 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) $95,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,423
44.1
% (y-o-y)
$255,500
2.2
% (y-o-y)
65.0%
61.1
% (y-o-y)
Orland Park
71
73.2
% (y-o-y)
$221,000
2.8
% (y-o-y)
10.0%
50.7
% (y-o-y)
TINLEY PARK
60
25.0
% (y-o-y)
$184,250
10.0
% (y-o-y)
22.7%
14.3
% (y-o-y)
Oak Lawn
56
43.6
% (y-o-y)
$153,500
28.5
% (y-o-y)
46.9%
44.4
% (y-o-y)
Country Club Hills
28
6.7
% (y-o-y)
$129,500
146.7
% (y-o-y)
63.7%
4.8
% (y-o-y)
Oak Forest
27
50.0
% (y-o-y)
$155,000
11.5
% (y-o-y)
17.7%
30.6
% (y-o-y)
Homewood
26
100.0
% (y-o-y)
$115,000
8.0
% (y-o-y)
43.0%
40.0
% (y-o-y)
Riverdale
19
17.4
% (y-o-y)
$36,665
30.9
% (y-o-y)
60.5%
9.8
% (y-o-y)
Alsip
19
26.7
% (y-o-y)
$119,000
15.0
% (y-o-y)
29.8%
45.0
% (y-o-y)
Hazel Crest
18
5.3
% (y-o-y)
$84,750
28.2
% (y-o-y)
42.2%
66.5
% (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: 6.50%
Percentage of vacant homes: 6.35%

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