Is Cortland, IL 60112 a buyer’s or seller’s market?

The Cortland housing market right now

In the three months ending August 31, 2026, 38% of homes in Cortland, IL 60112 sold above their list price, the typical home went under contract in 68 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (37% then), homes sold more slowly (51 days then) and the median sale price fell 3% to $279,879. Overall, Cortland is less competitive than a year ago, which gives buyers more room.

Within DeKalb County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Cortland ranks #342 of 464 IL ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Shabbona 60550 (0% sold over asking) or Somonauk 60552 (8% sold over asking), while Kirkland 60146 (67% sold over asking) and Kingston 60145 (57% sold over asking) are even more competitive.