Is Cortland Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
At the same time last year, Cortland Township was a Seller's Market.
How much do homes in Cortland Township, IL cost?
Median Sold Price
$260,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Median Sold Price By Bedroom Count
# BEDS | Dec 2021 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | $168.2K | - | N/A |
2 Bedrooms | $178.5K | $153K | -14.3% |
3 Bedrooms | $225K | $256.2K | +13.9% |
4 Bedrooms | $255K | $278.3K | +9.2% |
5+ Bedrooms | $370K | $410K | +10.8% |
Median Sold Price Compared To Nearby Cities
Cortland Township | $225K | $260K | +15.6% |
DeKalb | $169K | $185.5K | +9.8% |
How many homes are available in Cortland Township, IL?
Number of Homes For Sale
Nov 2022 | Dec 2022 | % |
---|---|---|
57 | 44 | -22.8% |
Homes For Sale By Bedroom Count
# BEDS | Nov 2022 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 20 | 15 | -25.0% |
4 Bedrooms | 25 | 19 | -24.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Number of Homes Sold
Nov 2022 | Dec 2022 | % |
---|---|---|
20 | 4 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Average Sale Time
Dec 2021 | Dec 2022 | % |
---|---|---|
69 Days | 22 Days | -68.3% |
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days