The New City / Back of the Yards housing market is somewhat competitive. The median sale price of a home in New City / Back of the Yards was $272K last month, up 55.2% since last year. The median sale price per square foot in New City / Back of the Yards is $135, up 19.5% since last year.
New City / Back of the Yards Housing Market Trends
What is the housing market like in New City / Back of the Yards today?
In March 2024, New City / Back of the Yards home prices were up 55.2% compared to last year, selling for a median price of $272K. On average, homes in New City / Back of the Yards sell after 49 days on the market compared to 95 days last year. There were 26 homes sold in March this year, down from 37 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$271,500
+55.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
New City / Back of the Yards, IL
$271,500
+55.2%
United States
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How hot is the New City / Back of the Yards housing market?
New City / Back of the Yards is somewhat competitive. Homes sell in 55 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 55 days.
Hot homes
can sell for about 6% above list price and go pending in around 36 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Fulton Elementary School
Public • PreK-8
371
Students
N/A
5/10
Chavez Elementary Multicultural Academy Center
Public • PreK-8
931
Students
N/A
5/10
Lara Elementary Academy
Public • PreK-8
409
Students
3 reviews
4/10
Seward Elementary Communication Arts Ac
Public • PreK-8
615
Students
3 reviews
3/10
Dewey Elementary Academy of Fine Arts
Public • PreK-8
398
Students
2 reviews
Only showing 5 of
11 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on New City / Back of the Yards housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in New City / Back of the Yards.
Risk Factor
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
New City / Back of the Yards has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information
Provided by First Street Foundation
Transportation in New City / Back of the Yards
Learn about the walkability, bikeability, and transit-friendliness of New City / Back of the Yards
More real estate resources for New City / Back of the Yards