In May, there were two homes sold, with a median sale price of $180,000 - a 24.1 percent increase over the $145,000 median sale price for the same period of the previous year. There were 24 homes sold in Back of the Yards in May 2021.
The median sales tax in Back of the Yards for the most recent year with available data, 2019, was $1,366, approximately 0.8 percent of the median home sale price for May.
The following table compares Back of the Yards to other Chicago neighborhood with similar median sale prices in May:
Neighborhood | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Wrightwood | 1 | 5 | -80 | $195,000 | $182,500 | 6.8 |
Edison Park | 1 | 26 | -96.2 | $190,000 | $377,500 | -49.7 |
Hegewisch | 3 | 4 | -25 | $185,000 | $180,500 | 2.5 |
West Rogers Park | 7 | 82 | -91.5 | $185,000 | $228,500 | -19 |
South Chicago | 6 | 27 | -77.8 | $185,000 | $115,000 | 60.9 |
Back of the Yards | 2 | 24 | -91.7 | $180,000 | $145,000 | 24.1 |
East Garfield Park | 2 | 15 | -86.7 | $169,500 | $280,000 | -39.5 |
West Hometown | 1 | 4 | -75 | $167,000 | $167,500 | -0.3 |
Calumet Heights | 7 | 27 | -74.1 | $165,000 | $200,000 | -17.5 |
Oriole Park | 2 | 6 | -66.7 | $155,000 | $339,500 | -54.3 |
Gresham | 13 | 58 | -77.6 | $152,000 | $169,500 | -10.3 |