Back of the Yards · Chicago, IL

Is Now a Good Time to Sell in Back of the Yards, Chicago?

The median home in Back of the Yards sells for $220,000 with prices down 1% year-over-year. Ridley's flat fee saves you $3,101.

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Back of the Yards Real Estate Market Conditions

49out of 100

Ridley Sell Score

How it's scored →

Cooling

49/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Back of the Yards market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Illinois average is 2.9.

Price MomentumFavors buyers

Prices down 1.123595506% year-over-year — vs. +8% statewide.

Seller LeverageFavors buyers

Homes selling at 96.22% of asking — buyers are negotiating 3.8% below list. Illinois average is 98.1%.

Bidding ActivityNeutral

28.21% of homes selling above list price — 14% above the Illinois average of 24.7%.

Sale SpeedFavors buyers

91 median days on market — 32 days slower than the Illinois average.

Market UrgencyNeutral

27.78% of listings go pending within 2 weeks — vs. 38.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Illinois average is 18.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$220,000

-1%

Days on Market

91

Price per Sq Ft

$137

Sale-to-List Ratio

96.22%

Homes Sold

39

Sold Above List

28.21%

Pending in 2 Weeks

27.78%

Source: public market records

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Chicago — delivered monthly.

Your savings

How much can you save selling in Back of the Yards?

$0Estimated savings

That could furnish your new living room — save 1.4% of your home value

$220,000

$50,000$10M

Traditional Agent (3%)

$6,600

Ridley Pro (flat fee)

$3,499

Ready to sell in Back of the Yards?

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Cost comparison

Cost to sell in Back of the Yards

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$6,600$3,499$999
Buyer agent$6,1602.8% avg$4,400~2% avg$4,400~2% avg
Closing costs (~1.5%)$3,300$3,300$3,300
Total cost$16,060$11,199$8,699
You save$3,101$5,601

Based on the Back of the Yards median home price of $220,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Back of the Yards

A flat fee of $3,499 instead of the typical $6,600 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Back of the Yards market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Back of the Yards buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $3,101 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Back of the Yards

Ready to sell in Back of the Yards?

Save $3,101

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