From January through June, there were five homes sold, with a median sale price of $176,500 - a 0.7 percent decrease from the $177,700 median sale price for the same period of the previous year. There were 20 homes sold in Cortland in the first half of 2021.
The median sales tax in Cortland for the most recent year with available data, 2019, was $5,462, approximately 3.1 percent of the median home sale price for the first half of 2022.
The following table compares Cortland to other DeKalb County cities with similar median sale prices in the first half of 2022:
| City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Sales Price | January - June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kingston | 10 | 13 | -23.1 | $215,000 | $200,000 | 7.5 |
| Sycamore | 58 | 158 | -63.3 | $209,000 | $195,000 | 7.2 |
| Sandwich | 27 | 58 | -53.4 | $194,000 | $217,750 | -10.9 |
| Kirkland | 3 | 22 | -86.4 | $189,900 | $222,500 | -14.7 |
| Somonauk | 5 | 20 | -75 | $187,500 | $191,500 | -2.1 |
| Genoa | 19 | 46 | -58.7 | $187,000 | $192,500 | -2.9 |
| Cortland | 5 | 20 | -75 | $176,500 | $177,700 | -0.7 |
| DeKalb | 38 | 227 | -83.3 | $162,500 | $165,000 | -1.5 |
| Malta | 8 | 15 | -46.7 | $158,000 | $165,000 | -4.2 |
| Shabbona | 8 | 7 | 14.3 | $158,000 | $144,900 | 9 |
| Waterman | 15 | 19 | -21.1 | $139,000 | $165,000 | -15.8 |
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