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DeKalb Times

Sunday, November 24, 2024

Cortland home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Cortland rose by $92,977 while total sales decreased by 87.5%, according to BlockShopper.com.

In June 2019, there were two homes sold, with a median sale price of $270,477 - a 52.4% increase over the $177,500 median sale price for the same period of the previous year. There were 16 homes sold in Cortland in June 2018.

The median sales tax in Cortland for the most recent year with available data, 2017, was $5,250, approximately 1.9% of the median home sale price for June 2019.

The following table compares Cortland to other DeKalb County cities in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Genoa117-94.1%$293,000$162,00080.9%
Cortland216-87.5%$270,476.74$177,50052.4%
Sycamore650-88%$267,250$169,50057.7%
Kirkland11683.3%$178,000$105,00069.5%
Waterman110%$140,000$123,50013.4%
Kingston14-75%$109,500$160,950-32%
Sandwich316-81.3%$96,360$184,197-47.7%
Somonauk46-33.3%$96,076$152,500-37%
DeKalb363-95.2%$49,000$140,000-65%
Maple Park00-$0$0-
Malta02-100%$0$171,500-100%
Hinckley03-100%$0$349,700-100%
Shabbona00-$0$0-

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