< back to the Housing Market Indicators Data Portal

New City

New City is one of Chicago's 77 official community areas, located on the southwest side of the city in the South Side district. It contains the neighborhoods of Canaryville and Back of the Yards. The area was home to the famous Union Stock Yards that were on Chicago's South Side until closed in 1971. (Source: Wikipedia)

Housing stock map

See the share of the area's total housing units that are in single family homes, condominiums, two-to-four unit buildings, buildings with five to 49 units, and buildings with 50 units or more.


The Composition of Cook County’s Housing Market >

Housing market indicators

All of these property level data sets are connected to parcel-level data files from the county Assessors offices that include data on every parcel in the Chicago metropolitan area. All of these parcel-level data sets include historical data and are updated on a regular basis ranging from every week to every year depending on the data set.

Housing Stock Composition

The composition of a neighborhood’s housing stock determines the appropriate targeted strategies for stabilizing local housing markets. Learn more about this data set.

"

Housing Units by Property Type


Property Type 2021
Single Family 20.2%
Condominium 2.6%
Building with 2-4 Units 68.2%
Building with 5+ Units 9.0%


Property Sales Activity

This indicator provides information on how active local residential property markets are, what types of properties are being purchased, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

This is the total number of property sales in a given year. In Cook County, data are broken out separately for total sales activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 1,027 982 523 326 502 416 294 272 314 297 279 323 335 326 330 219 400
Single Family 382 333 179 112 122 109 76 73 99 86 91 97 103 125 105 72 129
Condominium 19 86 36 16 51 7 6 12 17 17 11 12 16 18 13 12 15
Building with 2-4 Units 613 557 300 190 325 299 207 183 191 187 172 202 211 178 208 130 234
Building with 5+ Units 13 6 8 8 4 1 5 4 7 7 5 12 5 5 4 5 22


Sales per 100 Residential Parcels

This indicator allows users to compare the level of property sales activity across geographies. This data point represents the total number of sales on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 12.9 12.4 6.6 4.1 6.3 5.2 3.7 3.4 4.0 3.8 3.6 4.1 4.3 4.2 4.3 2.8 5.2


Share of Sales, Business Buyers

This represents a range of investor types from small mom-and-pop investors to large Wall Street-traded equity funds. Heightened levels of single family homes purchased by business buyers is often indicative of a distressed and low priced inventory of homes, and low demand for owner-occupied housing in a neighborhood. In Cook County, this data point is available as the share of total sales activity where the buyer was a business entity by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 13.6% 8.9% 13.6% 26.7% 27.9% 20.0% 22.1% 16.9% 15.9% 15.2% 14.0% 18.9% 22.4% 18.4% 17.0% 13.2% 23.3%
Single Family 14.4% 8.7% 14.0% 16.1% 19.7% 17.4% 10.5% 15.1% 6.1% 8.1% 11.0% 11.3% 20.4% 16.0% 12.4% 8.3% 14.7%
Condominium 5.3% 1.2% -- 6.3% 5.9% 14.3% 33.3% 8.3% 29.4% 29.4% -- 8.3% 12.5% 16.7% 15.4% -- --
Building with 2-4 Units 12.9% 9.9% 15.3% 33.7% 33.8% 20.7% 25.1% 18.0% 18.3% 16.6% 16.9% 20.8% 23.2% 19.1% 18.3% 16.2% 25.2%
Building with 5+ Units 38.5% 33.3% -- 50.0% 75.0% 100.0% 60.0% 25.0% 57.1% 28.6% -- 58.3% 60.0% 60.0% 75.0% 40.0% 68.2%


Share of Sales, Extremely Low Value

This represents the percent of sales that were purchased for less than $20,000 in a given year. In Cook County, this data point is available as the share of total sales activity that sold for less than $20,000 by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 1.0% 0.4% 1.3% 9.2% 40.0% 44.0% 31.0% 29.8% 26.4% 23.9% 18.6% 11.1% 10.4% 6.7% 4.2% 4.6% 2.3%
Single Family 1.0% 0.9% 2.2% 8.9% 50.0% 57.8% 40.8% 37.0% 36.4% 24.4% 27.5% 11.3% 14.6% 12.0% 4.8% 5.6% 4.7%
Condominium -- 1.2% 2.8% -- 5.9% 42.9% -- 8.3% 11.8% -- -- 8.3% -- -- -- 8.3% 6.7%
Building with 2-4 Units 1.0% -- 0.7% 10.0% 41.8% 39.1% 29.0% 28.4% 22.5% 25.7% 15.7% 11.4% 9.5% 3.9% 4.3% 3.1% 0.9%
Building with 5+ Units -- -- -- 12.5% 25.0% -- -- 25.0% 28.6% 28.6% -- 8.3% -- -- -- 20.0% --


Mortgage Activity

These data measure the flow of mortgage credit into an area and indicates the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can assess how access to credit has changed over time in a community and how the flow of credit differs across geographies and for different property types.

Total Mortgage Activity

This is the total number of mortgages in a given year. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 2,780 2,885 1,815 838 608 363 274 352 344 258 248 297 319 338 386 370 671
Single Family 1,060 1,054 678 368 252 152 123 170 158 110 116 131 123 126 162 183 301
Condominium 30 126 67 30 55 17 11 32 30 19 12 17 21 27 18 15 32
Building with 2-4 Units 1,661 1,686 1,051 427 289 193 140 149 152 126 114 144 170 177 199 165 319
Building with 5+ Units 29 19 19 13 12 1 -- 1 4 3 6 5 5 8 7 7 19


Mortgages per 100 Residential Parcels

Mortgages  per 100 Residential Parcel


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 35.0 36.3 22.9 10.6 7.7 4.6 3.5 4.4 4.4 3.3 3.2 3.8 4.1 4.4 5.0 4.8 8.7


Foreclosure Filing Activity

This is an indicator of distress in a local housing market and viewing changing levels of activity allows for an understanding of the evolving nature of the foreclosure crisis in a neighborhood.

Total Foreclosure Filings Activity

This is the total number of new foreclosure filings in a given year. In Cook County, data are broken out separately for foreclosure filing activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 191 303 517 538 440 405 306 317 190 140 97 77 92 72 69 26 16
Single Family 66 97 138 152 138 137 89 119 69 37 39 30 35 28 23 10 5
Condominium -- 1 2 4 2 15 7 6 8 3 1 1 2 1 1 -- --
Building with 2-4 Units 123 199 370 379 295 249 207 190 111 94 56 43 55 42 42 16 10
Building with 5+ Units 2 6 7 3 5 4 3 2 2 6 1 3 -- 1 3 -- 1


Foreclosure Filings per 100 Residential Parcels

This indicator allows users to compare the level of foreclosure filing activity across geographies. This data point represents the total number of foreclosure filings on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 2.4 3.8 6.5 6.8 5.5 5.1 3.9 4.0 2.4 1.8 1.2 1.0 1.2 0.9 0.9 0.3 0.2


Cumulative Foreclosure Filings Activity



Property Type 2021
All Residential Properties 36.7%


Foreclosure Auctions

These are properties that have completed the foreclosure process. Understanding foreclosure auction activity helps determine the flow of year-over-year of REO (real estate owned) properties into a market, how third-party demand at auctions differs based on property types, and the density of REO activity across geographies. The level of completed foreclosure auctions activity in a neighborhood indicates distress in a local housing market.

Total Auction Activity

This is the total number of completed foreclosure auctions in a given year. In Cook County, data are broken out separately for total auction activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 64 77 181 299 296 210 119 133 164 159 93 90 64 46 36 7 4
Single Family 29 33 62 69 81 57 34 33 52 53 24 24 22 14 16 1 1
Condominium -- -- 1 2 1 1 3 8 6 6 2 1 2 -- -- -- --
Building with 2-4 Units 35 43 117 224 212 148 79 91 105 98 64 65 40 32 19 5 3
Building with 5+ Units -- 1 1 4 2 4 3 1 1 2 3 -- -- -- 1 1 --


Share of Auctions Resulting in REO

This is the percent of completed foreclosure auctions in a given geography where there were no bidders and the property became bank-owned REO (real estate owned).


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 60.9% 88.3% 96.7% 99.7% 99.0% 98.6% 94.1% 95.5% 91.5% 91.8% 88.2% 90.0% 85.9% 84.8% 72.2% 100.0% 50.0%
Single Family 62.1% 87.9% 93.5% 100.0% 100.0% 98.2% 97.1% 97.0% 94.2% 92.5% 87.5% 91.7% 86.4% 71.4% 75.0% 100.0% --
Condominium -- -- 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 66.7% 100.0% -- 50.0% -- -- -- --
Building with 2-4 Units 60.0% 88.4% 98.3% 99.6% 98.6% 98.6% 92.4% 94.5% 89.5% 93.9% 87.5% 90.8% 87.5% 90.6% 68.4% 100.0% 66.7%
Building with 5+ Units -- 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 50.0% 100.0% -- -- -- 100.0% 100.0% --


REO per 100 Residential Parcels


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
All Residential Properties 0.5 0.9 2.2 3.8 3.7 2.6 1.4 1.6 1.9 1.9 1.0 1.0 0.7 0.5 0.3 0.1 --


Population and Age

Population and Age


Indicator Value
Total Population 39,508


Population and Age


Indicator Value
Share of Population Aged 18 to 44 40.1%
Share of Population Aged 45 to 64 20.9%
Share of Population Aged over 65 12.1%
Share of Population Aged under 18 26.9%


Race and Ethnicity

Race and Ethnicity


Indicator Value
Share of Population that is African American 23.0%
Share of Population that is Asian 1.9%
Share of Population that is Hispanic or Latino 61.5%
Share of Population that is Some Other Race 0.8%
Share of Population that is White 12.7%


Household Income

Household Income


Indicator Value
Share of Households with Income $100,000 or More 9.7%
Share of Households with Income $25,000 to $50,000 30.1%
Share of Households with Income $50,000 to $100,000 24.2%
Share of Households with Income Less than $25,000 36.0%


Household Income


Indicator Value
Total Households 12,795


Poverty Rate

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 28.5%


Resident Tenure

Total Households


Indicator Value
Total Households 12,795


Share of Households that are Owner-Occupied


Indicator Value
Share of Households that are Owner-Occupied 36.2%


Share of Households that are Renter-Occupied


Indicator Value
Share of Households that are Renter-Occupied 63.8%


Cost Burdened Households

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 35.4%


Share of Renter-Occupied Households that are Cost-Burdened


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 50.3%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 44.8%