In August 2017, there were 17 homes sold, with a median sale price of $85,000 - a 57.4% increase over the $54,000 median sale price for the same period of the previous year. There were 25 homes sold in Back of the Yards in August 2016.
The median sales tax in Back of the Yards for 2017 was $2,088. In 2016, the median sales tax was $2,046. This marks an increase of 2.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Back of the Yards to other Chicago neighborhood with similar median sales prices in August 2017:
| Neighborhood | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| East Side | 17 | 25 | -32% | $105,000 | $105,000 | 0% |
| Chicago Lawn | 13 | 14 | -7.1% | $95,000 | $135,500 | -29.9% |
| East Merrionette Park | 6 | 7 | -14.3% | $93,000 | $108,000 | -13.9% |
| Lawndale | 47 | 29 | 62.1% | $91,500 | $70,000 | 30.7% |
| Chatham | 19 | 17 | 11.8% | $85,000 | $105,000 | -19% |
| Back of the Yards | 17 | 25 | -32% | $85,000 | $54,000 | 57.4% |
| South Deering | 17 | 13 | 30.8% | $75,000 | $27,000 | 177.8% |
| Washington Heights | 6 | 9 | -33.3% | $74,485.50 | $139,000 | -46.4% |
| West Pullman | 38 | 27 | 40.7% | $60,000 | $30,000 | 100% |
| South Chicago | 23 | 28 | -17.9% | $60,000 | $77,500 | -22.6% |
| Greater Grand Crossing | 33 | 35 | -5.7% | $50,000 | $47,000 | 6.4% |
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