Quantcast

DeKalb Times

Sunday, November 24, 2024

Cortland home prices rise in May 2019

Re 5

The median sale price of a home sold in May 2019 in Cortland rose by $3,550 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2019, there were 16 homes sold, with a median sale price of $173,500 - a 2.1% increase over the $169,950 median sale price for the same period of the previous year. There were 12 homes sold in Cortland in May 2018.

The median sales tax in Cortland for the most recent year with available data, 2017, was $5,250, approximately 3% of the median home sale price for May 2019.

The following table compares Cortland to other DeKalb County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Maple Park110%$975,000$268,000263.8%
Sycamore3748-22.9%$209,900$165,95026.5%
Waterman37-57.1%$175,500$131,00034%
Cortland161233.3%$173,500$169,9502.1%
Kingston62200%$173,374$100,25072.9%
Hinckley7475%$170,600$203,500-16.2%
Malta62200%$163,500$98,62265.8%
Somonauk660%$163,200$164,000-0.5%
Shabbona42100%$160,500$144,50011.1%
Genoa171513.3%$160,000$155,0003.2%
Sandwich1521-28.6%$145,000$208,000-30.3%

MORE NEWS