From October to December, 35 homes sold in Back of the Yards for a median price of $75,000. That's 13.1 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 4 homes in Back of the Yards were in foreclosure.
Median property tax for homeowners in Back of the Yards was $2,671.78 in 2017 according to tax data from that year. That means homeowners pay 4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Back of the Yards real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
100
$26,325
-
2010
65
$25,650
-2.6%
2011
57
$25,990
1.3%
2012
58
$27,250
4.8%
2013
60
$34,020
24.8%
2014
63
$42,400
24.6%
2015
49
$34,980
-17.5%
2016
58
$49,613
41.8%
2017
70
$66,300
33.6%
2018
35
$75,000
13.1%
Median property tax
Median sale price
Effective property tax rate
2009
$2,867.75
$26,325
10.9%
2010
$2,915.73
$25,650
11.4%
2011
$2,759.13
$25,990
10.6%
2012
$2,161.17
$27,250
7.9%
2013
$2,139.97
$34,020
6.3%
2014
$2,169.50
$42,400
5.1%
2015
$1,973.27
$34,980
5.6%
2016
$2,236.44
$49,613
4.5%
2017
$2,671.77
$66,300
4%
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