In July 2020, there were eight homes sold, with a median sale price of $181,250 - a 62.1% increase over the $111,800 median sale price for the same period of the previous year. There were five homes sold in Cortland in July 2019.
The median sales tax in Cortland for the most recent year with available data, 2019, was $5,462, approximately 3% of the median home sale price for July 2020.
The following table compares Cortland to other DeKalb County cities with similar median sales prices in July 2020:
| City | July 2020 Home Sales | July 2019 Home Sales | % change (Total Home Sales) | July 2020 Median Sales Price | July 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hinckley | 3 | 8 | -62.5% | $240,000 | $163,500 | 46.8% |
| Maple Park | 2 | 4 | -50% | $229,000 | $267,000 | -14.2% |
| Somonauk | 3 | 5 | -40% | $220,000 | $202,500 | 8.6% |
| Sandwich | 11 | 15 | -26.7% | $205,000 | $182,500 | 12.3% |
| Waterman | 4 | 1 | 300% | $184,500 | $212,000 | -13% |
| Cortland | 8 | 5 | 60% | $181,250 | $111,800 | 62.1% |
| Malta | 2 | 4 | -50% | $172,500 | $141,750 | 21.7% |
| Sycamore | 26 | 46 | -43.5% | $167,250 | $175,000 | -4.4% |
| DeKalb | 40 | 62 | -35.5% | $150,000 | $149,750 | 0.2% |
| Shabbona | 1 | 2 | -50% | $135,000 | $153,000 | -11.8% |
| Kirkland | 2 | 6 | -66.7% | $128,250 | $171,000 | -25% |
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