Is Midlothian, IL 60445 a buyer’s or seller’s market?
Midlothian is a seller’s market. With about 2.6 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 71% of U.S. ZIP codes, and #221 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Midlothian housing market right now
In the three months ending August 31, 2026, 45% of homes in Midlothian, IL 60445 sold above their list price, the typical home went under contract in 56 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 43 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 43%, homes sold more slowly (51 days then) and the median sale price rose 3% to $262,386. Overall, Midlothian is about as competitive as it was a year ago.
Within Cook County, homes here sell more slowly than in 66% of the county’s ZIP codes, and sell less often over asking than in 51%. On our competition score, Midlothian ranks #221 of 464 IL ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.
Run the numbers for 60445
Nearby markets
Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →Towns like Midlothian nearby
Find towns like Midlothian in other states →Where Midlothian is
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Questions about Midlothian real estate
Is Midlothian a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Midlothian, IL 60445 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Midlothian?
The typical home went under contract in 56 days in the latest three months.
Do homes in Midlothian sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.
What are property taxes in Midlothian?
About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.
What is the median home price in Midlothian?
The median sale price was $262,386 in the three months ending August 31, 2026, about $197 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology