Home Insurance in Cortland, Illinois
With a median home value of $233,200, Cortland is close to the DeKalb County median.
The typical home in Cortland was built around 1998. About 7% of homes were built before 1960, about 18 points below DeKalb County's 25%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Cortland, the housing stock is 82% single-family homes and 8% apartments in buildings with 5+ units.
In Cortland, about 83% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 78% of occupied homes in Cortland are owner-occupied.
Most homes in Cortland - 95% - are primarily heated with natural gas.
FEMA rates DeKalb County's overall risk as Relatively Low, led by tornado (Relatively Moderate). DeKalb County had 166 active NFIP flood policies as of September 2026. See the full DeKalb County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).
Key figures
| Median home value | $233,200 |
|---|---|
| Median year built | 1998 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 83% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in DeKalb County | 166 |
| Home insurance premium | $1,480 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)