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DeKalb Times

Saturday, November 16, 2024

Cortland home prices rise in June 2018

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The median sale price of a home sold in June 2018 in Cortland rose by $2,500 while total sales increased by 45.5%, according to BlockShopper.com.

In June 2018, there were 16 homes sold, with a median sale price of $177,500 - a 1.4% increase over the $175,000 median sale price for the same period of the previous year. There were 11 homes sold in Cortland in June 2017.

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 June 2018.

The following table compares Cortland to other DeKalb County cities in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Hinckley34-25%$349,700$160,450117.9%
Sandwich161060%$184,197$171,5007.4%
Cortland161145.5%$177,500$175,0001.4%
Malta24-50%$171,500$163,0005.2%
Sycamore504316.3%$169,500$171,200-1%
Genoa171154.5%$162,000$152,5006.2%
Kingston440%$160,950$162,500-1%
Somonauk61500%$152,500$201,500-24.3%
DeKalb6365-3.1%$140,000$120,00016.7%
Waterman15-80%$123,500$111,125.8511.1%
Kirkland68-25%$105,000$114,950-8.7%
Shabbona01-100%$0$107,000-100%
Maple Park01-100%$0$246,000-100%

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