Home Values

Back of the Yards Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$98,900

  • -6.6% 1-year change
  • -2.2% 1-year forecast

The median home value in Back of the Yards is $98,900. Back of the Yards home values have declined -6.6% over the past year and Zillow predicts they will fall -2.2% within the next year. The median list price per square foot in Back of the Yards is $31, which is lower than the Chicago average of $170. The median price of homes currently listed in Back of the Yards is $50,000 while the median price of homes that sold is $170,000.

Foreclosures will be a factor impacting home values in the next several years. In Back of the Yards 2.0 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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Relative ZHVI
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Back of the Yards Market Overview

Data through Dec 31, 2014
  • $98,900 ZHVI
  • -2.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $50,000 Median listing price
  • No recent data Median sale price
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Back of the Yards Market Health

Data through Dec 31, 2014
  • 1.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)
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Nearby Neighborhoods

Name Median ZHVI
Bridgeport $269,200
Canaryville $199,300
Heart of Chicago $195,700
Name Median ZHVI
McKinley Park $186,900
Brighton Park $144,800
Chicago Lawn $110,700
Name Median ZHVI
Gage Park $108,800
Englewood $90,700
West Englewood $84,300

Listings & Sales

Data through Dec 31, 2014
  • $31 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 17.4% Listings with price cut
29.4%
Sold below listing
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Back of the Yards Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,253 Back of the Yards
    $1,641 Chicago
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.95 Rent list price / sq ft (Nov 30, 2014)
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