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Featured local agent — Cornell, IL
Sarah Mitchell
Compass Real Estate · Cornell, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cornell, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$82,000median sale price
How is the Cornell, IL housing market right now?
The median home sale price in Cornell, IL is $82,000. Homes sell in an average of 137 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cornell a buyer's or seller's market?
Cornell, IL is currently a leaning buyer's and homes selling in about 137 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
137
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Cornell housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $82,000 |
| Average days on market | 137 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $97/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Cornell by property type?
How the Cornell, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $82,000 | $97/sq ft | 1 | 137 days |
Source: Redfin · Updated monthly
The Cornell housing market is currently classified as a leaning buyer's with a median sale price of $82,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 137 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Cornell
Explore homes currently listed for sale in Cornell, Illinois across major real estate platforms.
Who lives in Cornell?
Population
419
Median income
$64,286/yr
Median age
34.8 years
Owner-occupied
74.4%
College grads
16.7%
Avg commute
19.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Cornell?
Zillow home value
$173,348
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Cornell?
Cornell is a community of approximately 0K residents with a median age of 34.8 years.The median household income is $64,286, which represents a working-class community with solid middle-income opportunities. 16.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cornell offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cornell?
1 schools tracked · 112 students
The largest public schools serving Cornell, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cornell Elem School
Grades K-8 · 112 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cornell, IL?
Want a head-to-head view? Compare Cornell side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cornell?
The median home sale price in Cornell is $82,000, down 0.0% from last year.
How long do homes stay on market in Cornell?
Homes typically spend 137 days on market before going under contract.
What is the median income in Cornell?
The median household income is $64,286 per year.
What is the Zillow home value estimate for Cornell?
The Zillow Home Value Index (ZHVI) for Cornell is $173,348, representing the typical home value in the area.
How much does a single-family home cost in Cornell?
The median single-family home price in Cornell, IL is $82,000 (about $97 per square foot).
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