Midlothian, IL 60445 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Midlothian, IL—60445

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$217,000

2.5% YoY Growth

Household Income

$68,400

12.5% YoY Growth

Days on Market

44.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$1,900

2.2% YoY Growth

1-Bed Rent

$1,200

N/A

2-Bed Rent

$1,600

7.7% YoY Growth

3-Bed Rent

$2,000

13.2% YoY Growth

Home Price Trends — Midlothian, IL

As of Dec '25, the median home price in Midlothian, IL is $217,000, with a year-over-year change of -2.5%. This indicates that home prices in Midlothian, IL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$217,000	-2.5%
Single Family	$250,000	1.6%
Condos	$151,000	-1.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Midlothian, IL

As of July '25, Rentcast reports the average rent in Midlothian, IL is $1,790, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Midlothian, IL is 1-bedrooms: $1,200, 2-bedrooms: $1,550, 3-bedrooms: $2,060. The most common rental property sizes in Midlothian, IL are 1-bedroom and 2-bedroom, accounting for 42.8% and 27.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,900	$1,790
Studio Rent	N/A	N/A
1 Bed Rent	$1,200	$1,200
2 Bed Rent	$1,600	$1,550
3 Bed Rent	$2,000	$2,060
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.8%

1 Bedroom

42.8%

2 Bedrooms

27.1%

3 Bedrooms

26.2%

Property Listings — Midlothian, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Midlothian, IL is 42. This is a increase of 46.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$247,000	-5.0%
Listing Count	46	24.0%
Listings as % of Homes	0.7%	24.0%
Days on Market	62	44.0%

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Demographics — Midlothian, IL

As of the latest ACS Survey released in 2023, Midlothian, IL has a population of 14,400, which has decreased by -44.3% over the past 5 years. Midlothian, IL is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,400	-44.3%
% Under 18	22.2%	20.0%
% Seniors	17.2%	-6.0%
% WFH	8.3%	144.1%
% w/ College Degree	18.9%	4.4%

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As of the latest ACS Survey released in 2023, Midlothian, IL is a predominantly white area, with 49.8% of the population identifying as white. The white population has shrunk by 29.8% in the last 5 years. The second most common race or ethnicity in Midlothian, IL is hispanic, making up 31.9% of the population. Foreign-born residents account for 13.3% of the population in Midlothian, IL, and this percentage has increased by 54.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	49.8%	-29.8%
% Black	8.8%	22.2%
% Hispanic	31.9%	80.2%
% Asian	3.4%	41.7%
% Foreign Born	13.3%	54.7%

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Mortgage and Risk — Midlothian, IL

According to HUD data as of 2023, there were 255 mortgage originations in Midlothian, IL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Midlothian, IL. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	255
% Conventional Loans	66.0%
% Government Loans	34.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Midlothian, IL

Midlothian, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	131
Total Units Section 8	123
% Rentals under Section 8	7.9%
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$100	$1,200	$1,300
2 Bedroom	-$130	$1,600	$1,470
3 Bedroom	-$110	$2,000	$1,890
4 Bedroom	N/A	N/A	$2,220

Midlothian, IL—60445

Key Metrics at a Glance

Home Price Trends — Midlothian, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Midlothian, IL

% of Rental Stock

Property Listings — Midlothian, IL

Demographics — Midlothian, IL

Race and Ethnicity

Mortgage and Risk — Midlothian, IL

Mortgages

Rentals and Section 8 — Midlothian, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Midlothian, IL

Home Price to Income Ratio

Midlothian, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Crestwood, IL

Oak Forest, IL

Robbins, IL

Alsip, IL

Posen, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$217,000
Median Household Income	$68,400

Midlothian, IL—60445

Key Metrics at a Glance

Home Price Trends — Midlothian, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Midlothian, IL

% of Rental Stock

Property Listings — Midlothian, IL

Demographics — Midlothian, IL

Race and Ethnicity

Mortgage and Risk — Midlothian, IL

Mortgages

Rentals and Section 8 — Midlothian, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Midlothian, IL

Home Price to Income Ratio

Midlothian, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Crestwood, IL

Oak Forest, IL

Robbins, IL

Alsip, IL

Posen, IL

Frequently Asked Questions

What is the average home price in Midlothian, IL 60445?

How have home prices in Midlothian, IL 60445 changed over the past year?

What is the home price projection for Midlothian, IL 60445?

What are the demographics of Midlothian, IL 60445?

How long does it take homes to sell in Midlothian, IL 60445?

What is the average rent price in Midlothian, IL 60445?