Over the rolling three-month period ending in September 2026, New City / Back of the Yards saw list prices climb while inventory tightened. The median list price jumped more than 10 percent month over month, and months of supply dropped sharply, signaling firmer conditions for sellers.
Compared with a year ago, prices and activity tell a more mixed story. The typical home value is down modestly year over year, even as the share of homes sold above list has fallen notably. New listings and pending sales are also lower than last year, suggesting fewer fresh options and slightly cooler demand. Homes, however, are selling faster than both a month and a year ago, with median days on market down significantly from early summer.
This neighborhood is operating with more supply than the broader Chicago market, where the citywide months of supply is lower, yet New City / Back of the Yards still leans toward sellers based on the current market gauge. Active listings are down compared with last year, while homes sold have slipped only slightly, indicating that available inventory has thinned more than closed sales. At the same time, an average sale-to-list ratio just under 100 percent shows that buyers still have some room to negotiate. Whether you are a buyer trying to navigate these shifting conditions or a seller looking to price strategically, Agent Pronto can connect you with a local agent who understands this market.
