In October 2020, there were nine homes sold, with a median sale price of $180,000 - a 9.8% increase over the $163,950 median sale price for the same period of the previous year. There were six homes sold in Cortland in October 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 October 2020.
The following table compares Cortland to other DeKalb County cities with similar median sale prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Maple Park | 1 | 2 | -50% | $220,000 | $243,500 | -9.7% |
| Sycamore | 30 | 33 | -9.1% | $209,388.50 | $190,000 | 10.2% |
| Sandwich | 16 | 15 | 6.7% | $209,250 | $165,000 | 26.8% |
| Hinckley | 5 | 4 | 25% | $195,000 | $221,500 | -12% |
| Genoa | 9 | 6 | 50% | $193,900 | $174,000 | 11.4% |
| Cortland | 9 | 6 | 50% | $180,000 | $163,950 | 9.8% |
| Somonauk | 5 | 2 | 150% | $173,000 | $355,000 | -51.3% |
| DeKalb | 51 | 37 | 37.8% | $157,000 | $138,500 | 13.4% |
| Shabbona | 5 | 2 | 150% | $140,000 | $177,500 | -21.1% |
| Kirkland | 1 | 2 | -50% | $125,000 | $115,000 | 8.7% |
| Malta | 2 | 2 | 0% | $26,018.50 | $156,375 | -83.4% |
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