Zip 60112 (Cortland, IL) Housing

The housing median value in 60112 Cortland, IL is an attractive $221,800. This is significantly lower than the US Housing Median Value of $338,100. However, the 1 year house appreciation rate in 60112 Cortland IL is a healthy 9.73%, slightly higher than the US average of 8.27%. Thus, homeowners in this area can expect to see a steady increase in the value of their homes over time.

The median home cost in Cortland (zip 60112) is $221,800. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Cortland (zip 60112) is up 12.6%.

Average Age of Homes

- The median age of Cortland (zip 60112) real estate is 14 years old

The Rental Market in Cortland (zip 60112)

- Renters make up 14.9% of the Cortland (zip 60112) population
- 2.8% of houses and apartments in Cortland (zip 60112), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cortland, Illinois	United States
	1,733.0	139,647,020.0
	23	42
	$221,800	$338,100
	12.6%	16.6%
	35.4%	57.0%
	63.3%	101.1%
	$28.33	$10.98
	$6,018	$2,690
	68.8%	57.4%
	4.2%	11.2%
	27.0%	31.4%
Vacant Housing
	2.8%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	2.0%	4.5%
	25.4%	11.3%
	49.0%	13.0%
	18.9%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	1.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	44.3%	13.6%
	44.3%	13.6%
	21.6%	13.6%
	3.1%	13.2%
	9.5%	14.8%
	21.6%	13.6%
	10.9%	10.0%
	3.9%	4.7%
	2.3%	12.2%

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