From April to June, 1 home sold in Cortland for a price of $138,600. That's 24 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Cortland.
Median property tax for homeowners in Cortland was $5,419.83 in 2017 according to tax data from that year. That means homeowners pay 4.8 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Cortland real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$133,088
-
2010
5
$213,219
60.2%
2011
7
$160,680
-24.6%
2012
11
$207,964
29.4%
2013
8
$107,460
-48.3%
2014
7
$153,185
42.6%
2015
12
$94,923
-38%
2016
4
$100,552
5.9%
2017
3
$111,751
11.1%
2018
1
$138,600
24%
Median property tax
Median sale price
Effective property tax rate
2014
$5,869.91
$153,185
3.8%
2015
$5,268.22
$94,923
5.5%
2016
$4,130.66
$100,552
4.1%
2017
$5,419.83
$111,751
4.8%
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