Midlothian, IL Home Values & Market Trends
Real estate market trends reflect that there have been 248 transactions over the past year in Midlothian. The median value for residential home transactions that occurred over the previous year is $211,260.3. The number of current listings in Midlothian is 7, and the percentage of properties for sale in the city is 7.00%. Midlothian, IL currently has 41 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 7 properties for sale.
Midlothian, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60445 | $ 169,900 $ 148/sqft |
Housing Market Summary for Midlothian, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $179.9K | $203K | 12.82% |
| Median Sold Price | $200K | $203K | 1.48% |
| Homes For Sale | 11 | 6 | -45.45% |
| Homes Sold | 140 | 101 | -27.86% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Midlothian, IL
Browse Homes in Midlothian, IL
Midlothian home values range from $34,118 to $967,177. The median estimated value of a home in Midlothian is $211,260.3. The median list price of a home is 169,900, and the total count of properties in the city is 4,867.
- Pre-ForeclosurePre-foreclosure homes account for 0.72% of all residential properties in Midlothian, IL with 60445 containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Midlothian, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $469,167 in 60445 to the lowest home value of $65,344 in 60445.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Midlothian, IL ranges from the highest value of $164,000 in 60445 to the lowest value of $164,000 in 60445. Bank owned homes and properties account for 0.02% of properties in Midlothian, IL. There is 1 zips within Midlothian, IL; 60445 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60445 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Midlothian, IL. Auction homes and other auction properties account for 0.10% of all properties in Midlothian, IL. There is 1 zips within Midlothian, IL; of that zips, the median estimated home value for homes going to auction ranges from $277,129 in 60445 to the lowest value of $158,533 in 60445.
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