Housing in Cortland, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$234,900
Median List Price
$235,000
Price Per Sq Ft
$209
Days on Market
70
Active Inventory
29
Months of Supply
4.1
Balanced market
Zillow Home Value
$281,354
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
14.3%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
98.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
4
Pending Sales
9
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$209
Median List $/SF
$173
Cortland vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Cortland is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$203,700
Median Rent
$1,420
Total Housing Units
1,631
Vacancy Rate
3.3%
Owner Occupied
77.0%
Renter Occupied
22.9%
Median Property Tax
$6,536
per year
Monthly Cost (w/ Mortgage)
$1,764
Housing Types
The current median sale price in Cortland, IL is $234,900 according to Redfin data. Homes spend a median of 70 days on the market. 14.3% of homes sold above asking price. The market has 4.1 months of supply. The median price per square foot is $209. The median rent is $1,420 per month (Census ACS). About 77.0% of housing units are owner-occupied. The median year homes were built is 1996. There are 1,631 total housing units.