Cortland town, IL is a great place to consider for housing. The median value of homes in the area is $213,700, which is significantly lower than the national median value of $338,100. In the last year, the appreciation rate of these homes has been 9.73%, higher than the national appreciation rate of 8.27%. This shows that real estate prices are on an upward trend in Cortland town and investing in a home here could be a wise decision.
The median home cost in Cortland is $213,700. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Cortland is up 12.6%.
Average Age of Homes
- The median age of Cortland real estate is 14 years old
The Rental Market in Cortland
- Renters make up 14.6% of the Cortland population
- 3.0% of houses and apartments in Cortland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.