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DeKalb Times

Sunday, November 24, 2024

Cortland home prices rise in November 2018

Realestate4

The median sale price of a home sold in November 2018 in Cortland rose by $10,500 while total sales increased by 20%, according to BlockShopper.com.

In November 2018, there were six homes sold, with a median sale price of $128,500 - a 8.9% increase over the $118,000 median sale price for the same period of the previous year. There were five homes sold in Cortland in November 2017.

The median sales tax in Cortland for the most recent year with available data, 2017, was $5,250, approximately 4.1% of the median home sale price for November 2018.

The following table compares Cortland to other DeKalb County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Kingston330%$215,000$80,000168.8%
Somonauk23-33.3%$204,500$143,00043%
Waterman14-75%$195,000$151,50028.7%
Genoa711-36.4%$162,800$141,90014.7%
Sycamore28280%$161,750$171,450-5.7%
Malta30-$150,000$0-
Sandwich11922.2%$143,810$182,000-21%
DeKalb34340%$139,500$135,3503.1%
Cortland6520%$128,500$118,0008.9%
Kirkland5366.7%$121,910$110,00010.8%
Shabbona10-$99,000$0-

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