REAL ESTATE MARKET

CORTLAND, ILLINOIS

January 2022

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CORTLAND REAL ESTATE

IS A SELLER'S MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 1.81months
    To Sell All Homes Presently For Sale
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HOW MUCH DID cortland BUYER PAY?

Buyers payed

Under asking price

2

Buyers payed

At asking price

7

Buyers payed

Over asking price

4

There are more cortland buyers paying under asking price.
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WHY DOES cortland HAVE A SELLER'S MARKET?

January 2022

  • Active Homes For Sale

Last 12 Months

93

  • Homes Sold
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HOW cortland market trend from last Year?

Active Homes For Sale

  • December 2020

    18

  • December 2021

    14

Homes Sold

  • December 2020

    9

  • December 2021

    13
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 7

CONDOS

Sold N/A
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HOW LONG DOES IT TAKE TO SELL IN cortland?

cortland Single Family Homes

Sell Slower In December Vs November

  • November 2021

    15 days

  • December 2021

    25 days

cortland Condo, duplex & town-homes

Sell Slower In December Vs November

  • November 2021

    12 days

  • December 2021

    134 days
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HOW ARE PRICES TRENDING IN cortland?

Avarage list price increase

Good for seller

  • November

    $233K

  • December

    $244K

Median sold price increase

Good for seller

  • November

    $200K

  • December

    $216K
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WHAT CAN I BUY IN cortland ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$120K-$168K
Bedrooms
2.5
Bathrooms
1.5
Home size
1040Sq. Ft.
$168K-$243K
Bedrooms
3.6
Bathrooms
3
Home size
1738Sq. Ft.
$243K-$270K
Bedrooms
3.7
Bathrooms
3
Home size
2036Sq. Ft.
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WHAT IS FOR SALE IN cortland TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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cortland REAL ESTATE MEDIAN SALES PRICE BY MONTH

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cortland SOLD LISTINGS

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cortland ACTIVE FOR SALE LISTINGS

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cortland TRANSACTION VOLUME IN US DOLLARS

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cortland MONTH SUPPLY INVENTORY

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Schools in cortland

School Name Grand Level For Sale
cortland elementary school Pre-School - 5th Grade View Homes For Sale

Subdivisions in cortland

Subdivision
natures crossing (3 for sale) View Homes For Sale
robinson farms (2 for sale) View Homes For Sale
neucort lakes (1 for sale) View Homes For Sale
heatherfield (1 for sale) View Homes For Sale

New For Sale in Cortland

Date Address Beds Baths Sq.Ft. Price
Dec 25, 2021 lot e12 sandalwood 3 2 1,500 ft2 $306K
Jan 20, 2022 12 sandalwood 3 2 1,387 ft2 $308K
Jan 14, 2022 220 walnut 4 3 1,700 ft2 $233K
Jan 15, 2022 218 walnut 4 3 1,700 ft2 $233K
Dec 25, 2021 lot a8 paw paw 3 3 1,820 ft2 $310K
Jan 04, 2022 100 crabapple 3 3 1,820 ft2 $325K
Jan 22, 2022 64 hummingbird 4 3 2,147 ft2 $277K
Dec 27, 2021 lot 17 south & llanos 0 ft2 $19K
Tbd Llanos, Cortland, IL 60112 May 21, 2021 tbd llanos 0 ft2 $25K