From January through December of 2021, there were 23 homes sold, with a median sale price of $186,000 - a 2.3% increase over the $181,750 median sale price for the previous year. There were 84 homes sold in Cortland in 2020.
The median sales tax in Cortland for the most recent year with available data, 2019, was $5,462, approximately 2.9% of the median home sale price for 2021.
The following table compares Cortland to other DeKalb County cities with similar median sale prices in 2021:
City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Sycamore | 256 | 385 | -33.5% | $205,000 | $193,000 | 6.2% |
Hinckley | 43 | 41 | 4.9% | $205,000 | $205,000 | 0% |
Genoa | 78 | 122 | -36.1% | $196,500 | $178,750 | 9.9% |
Kingston | 18 | 39 | -53.8% | $195,000 | $225,000 | -13.3% |
Somonauk | 21 | 28 | -25% | $193,000 | $181,450 | 6.4% |
Kirkland | 37 | 37 | 0% | $190,000 | $162,500 | 16.9% |
Cortland | 23 | 84 | -72.6% | $186,000 | $181,750 | 2.3% |
DeKalb | 360 | 503 | -28.4% | $165,000 | $153,400 | 7.6% |
Waterman | 20 | 26 | -23.1% | $165,000 | $200,810.60 | -17.8% |
Malta | 20 | 31 | -35.5% | $144,950 | $154,000 | -5.9% |
Shabbona | 7 | 25 | -72% | $144,900 | $140,000 | 3.5% |