Home prices
The median home in Cortland costs $156,100. In comparison to its surrounding areas this is approximately $24,260 (13%) lower.Compared to the nation as a whole it is approximately $61,400 (28%) lower, and is roughly $101,900 (39%) lower in comparison to the city of Chicago.
Rents
The median rent in Cortland is $1,218 per month. This is roughly $18 (1%) higher in comparison to nearby areas.It is about $156 (14%) higher in comparison to the entire nation, and is approximately $106 (9%) higher compared to the city of Chicago.
Nearby places
DeKalb
DeKalb is Cortland's neighbor to the west. Its housing prices are fairly similar. The median home cost in DeKalb is $157,900, which comes out to $1,800 (1%) higher than Cortland. Rents there are significantly less expensive. The median monthly rent in DeKalb is $903, which works out to $315 (34%) lower than Cortland.
Maple Park
Maple Park is about 3 miles east of Cortland. The housing prices there are somewhat more expensive. The median home in Maple Park is valued at $201,200, which comes out to $45,100 (22%) higher than Cortland. Its rents are a little more expensive. In Maple Park the median rent is $1,505 a month, which works out to $287 (19%) higher than Cortland.
Sycamore
Sycamore is approximately 4 miles north of Cortland. Housing prices there are a little more expensive. The median home price in Sycamore is $189,400, which is $33,300 (17%) higher than Cortland. Rent there is a bit less expensive. The median rent in Sycamore is $963 per month, which works out to $255 (26%) lower than Cortland.
Virgil
Virgil is about 6 miles east from Cortland. Real estate prices there are somewhat more expensive. The median home value in Virgil is $214,800, which comes out to $58,700 (27%) higher than Cortland. Rent there is a bit more expensive. In Virgil the median rent is $1,667 a month, which comes out to $449 (26%) higher than Cortland.
Malta
Malta is about 8 miles west from Cortland. The housing prices there are somewhat less expensive. The median home in Malta costs $138,500, which works out to $17,600 (12%) lower than Cortland. Its rents are a little less expensive. In Malta the median monthly rent is $962, which comes out to $256 (26%) lower than Cortland.