How did home prices perform in Back of the Yards during April 2021?

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The median sale price of a home sold in April 2021 in Back of the Yards, a Chicago neighborhood, fell by $19,750 while total sales increased by 800%, according to BlockShopper.com.

In April 2021, there were 18 homes sold, with a median sale price of $97,750 - a 16.8% decrease over the $117,500 median sale price for the same period of the previous year. There were two homes sold in Back of the Yards in April 2020.

The median sales tax in Back of the Yards for the most recent year with available data, 2019, was $1,366, approximately 1.4% of the median home sale price for April 2021.

The following table compares Back of the Yards to other Chicago neighborhood with similar median sale prices in April 2021:

NeighborhoodApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Greater Grand Crossing529477.8%$142,000$135,0005.2%
South Chicago 3313153.8%$120,000$171,500-30%
Roseland/Pullman7913507.7%$109,500$100,5009%
Oakland72250%$104,500$289,500-63.9%
West Pullman5912391.7%$104,000$107,750-3.5%
Back of the Yards182800%$97,750$117,500-16.8%
Englewood5325112%$85,000$60,00041.7%
Washington Heights83166.7%$84,250$208,000-59.5%
West Englewood337371.4%$70,000$125,000-44%
Riverdale/Altgeld Gardens20-$69,000$0-
South Deering176183.3%$68,500$94,000-27.1%

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