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Foreclosure Homes in Midlothian, IL

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Midlothian, IL Foreclosures

How much do homes sell for in Midlothian, IL?
The average home price is currently $251,063.
In Midlothian, IL, how many homes are available?
There are currently 211 active home listings available in Midlothian.
What’s the average rental cost in Midlothian, IL?
The average rental price in Midlothian is $1,424.
What is the most expensive home in Midlothian?
The most expensive home sold in Midlothian had a price of $4,437,047.
What is currently the cheapest priced home in Midlothian, IL?
The cheapest home for sale in Midlothian is priced at $12,696.

Living in Midlothian, IL

Midlothian, IL is a lovely suburban village known for its strong sense of community and family-friendly environment. The area features beautiful parks, diverse shopping options, and excellent connectivity to Chicago. Ideal for those looking for a peaceful lifestyle without straying far from urban conveniences.

Current Market Conditions in Midlothian, IL

The Midlothian real estate market is currently stable, showing modest growth in home values over the past few months. As demand remains steady, the supply of homes has been consistent, allowing buyers a reasonable selection of properties while keeping competition moderate.

Interest rates have made home buying more accessible, contributing to a healthy market atmosphere with a steady influx of young families and professionals drawn to the community's amenities and schools.

Home Value Estimator For Midlothian, IL

There are currently 5,255 real estate properties in Midlothian, IL, with a median automated valuation model (AVM) price of $244,692.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Midlothian, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Midlothian, IL, is $251,063.00, with the most expensive house in Midlothian, IL, topping out at $4,437,047.00 and the cheapest home in Midlothian, IL, clocking in at $12,696.00. In other words, there’s something for every potential homebuyer or savvy investor in Midlothian, IL!

Rent Prices In Midlothian, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Midlothian, IL, is on a rollercoaster ride. The average rent price in Midlothian, IL, is $1,424.00. Indeed, when looking to rent in Midlothian, IL, you can expect to pay as little as $700.00 or as much as $3,300.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Midlothian, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Midlothian, IL Foreclosures


Market Trend for Midlothian, IL

Total Listings Available: 211

Market Values:

Home Prices from $12,696 to $4,437,047

Average Sales Price: $251,063

Rental Values:

Rental from $700 to $3,300

Average Rent Value: $1,424 / month

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