Cortland, IL Home Values & Market Trends
Real estate market trends reflect that there have been 67 transactions over the past year in Cortland. The median value for residential home transactions that occurred over the previous year is $254,660. The number of current listings in Cortland is 0, and the percentage of properties for sale in the city is 0.00%. Cortland, IL currently has 20 properties in foreclosure, 2 bank owned properties, 4 properties headed for auction, and 0 properties for sale.
Cortland, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60112 | $ -- $ -- |
Housing Market Summary for Cortland, IL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $0 | $236.7K | - |
Median Sold Price | $235.2K | $236.7K | 0.63% |
Homes For Sale | 0 | 1 | - |
Homes Sold | 34 | 43 | 26.47% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cortland, IL
Browse Homes in Cortland, IL
Cortland home values range from $48,354 to $711,583. The median estimated value of a home in Cortland is $254,660. The median list price of a home is 0, and the total count of properties in the city is 1,416.
- Pre-ForeclosurePre-foreclosure homes account for 0.99% of all residential properties in Cortland, IL with 60112 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cortland, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $309,189 in 60112 to the lowest home value of $160,842 in 60112.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cortland, IL ranges from the highest value of $275,000 in 60112 to the lowest value of $263,298 in 60112. Bank owned homes and properties account for 0.14% of properties in Cortland, IL. There is 1 zips within Cortland, IL; 60112 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60112 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Cortland, IL. Auction homes and other auction properties account for 0.28% of all properties in Cortland, IL. There is 1 zips within Cortland, IL; of that zips, the median estimated home value for homes going to auction ranges from $255,195 in 60112 to the lowest value of $188,451 in 60112.
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