Cortland, IL Real Estate & Property Data

Cortland Real Estate Market Trends
Last Updated: April 20, 2024

Accurate and comprehensive real estate data is critical for insight into Cortland, IL. ATTOM’s Cortland real estate data is updated daily, and current market trends show that in Cortland, IL a total of 77 residential properties have sold over the past year. With a median home price of $245,000 in Cortland and a total of 1 foreclosures. Get detailed property data for Cortland, IL instantly. ATTOM is your one-stop-shop for the Cortland property reports and real estate data you need in Cortland, IL.

Cortland Real Estate Market Trends
Total Residential Properties 1,495
Total Commercial Properties 49
Avg. Home Age (Single Family Home) 28 Years
Avg. Square Feet (Single Family Home) 1,218
Total 2024 Residential Sales (year-to-date) 10
% of Homes Seriously Underwater (Q2 2024) 0.74%
Total 2023 Residential Sales 68
% of Equity Rich Homes (Q2 2024) 40.07%
Effective 2023 Property Tax N/A
Total Foreclosure Filings (year-to-date) 3
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Cortland, IL Real Estate Overview

There were 77 residential properties sold in the past year in Cortland, IL. The median home value in Cortland, IL is $255,398. There are a total of 1,495 residential properties in the Cortland.

Median Sales Price i
$245,000
(Feb 2024)
  • February '24 Feb '24 $245,000
  • January '24 Jan '24 $230,000
  • December '23 Dec '23 N/A
  • November '23 Nov '23 $219,500
  • October '23 Oct '23 $305,000
  • September '23 Sep '23 $240,000
  • August '23 Aug '23 $237,500
  • July '23 Jul '23 $272,000
  • June '23 Jun '23 $273,000
  • May '23 May '23 $260,000
  • April '23 Apr '23 $225,000
  • March '23 Mar '23 $225,000
Median Down Payment i
$5,842
(Feb 2024)
  • February '24 Feb '24 $5,842
  • January '24 Jan '24 $32,000
  • December '23 Dec '23 N/A
  • November '23 Nov '23 $4,800
  • October '23 Oct '23 $30,300
  • September '23 Sep '23 $19,991
  • August '23 Aug '23 $53,000
  • July '23 Jul '23 $37,000
  • June '23 Jun '23 $19,095
  • May '23 May '23 $21,000
  • April '23 Apr '23 $15,856
  • March '23 Mar '23 $45,000
Number of Homes Sold i
4
(Feb 2024)
  • February '24 Feb '24 4
  • January '24 Jan '24 6
  • December '23 Dec '23 2
  • November '23 Nov '23 8
  • October '23 Oct '23 7
  • September '23 Sep '23 8
  • August '23 Aug '23 5
  • July '23 Jul '23 5
  • June '23 Jun '23 10
  • May '23 May '23 10
  • April '23 Apr '23 7
  • March '23 Mar '23 5
Number of Purchase Loans i
4
(Feb 2024)
  • February '24 Feb '24 4
  • January '24 Jan '24 8
  • December '23 Dec '23 2
  • November '23 Nov '23 9
  • October '23 Oct '23 7
  • September '23 Sep '23 8
  • August '23 Aug '23 5
  • July '23 Jul '23 6
  • June '23 Jun '23 9
  • May '23 May '23 8
  • April '23 Apr '23 10
  • March '23 Mar '23 4
Number of REFI Loans i
5
(Feb 2024)
-16.7%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 5
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 5
  • September '23 Sep '23 7
  • August '23 Aug '23 6
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 5
  • April '23 Apr '23 7
  • March '23 Mar '23 9
Number of HELOC Loans i
2
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 3
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 3
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A

Cortland, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Cortland, IL Foreclosure Activity

There were a total of 1 Cortland, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 4
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 2
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 3
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 3
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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