The median home in Cortland, Illinois is valued at $281,354, up 7.3% year over year. Cortland is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$281,354

+7.3%

Prices rising — worse for buyers.

Affordability

Enter your income for Cortland.

Income (annual)

Down Payment

$56,271 on $281,354

Example: $75,000 household income. Change it above to see your own.

Stretch33.5% of income

Above 28% but manageable with cuts.

PITI$2,096

P/I33.5%

Afford$235K

Gap-$46K

P&I $1,423Tax $523Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Cortland with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro

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Cortland, IL