Cortland Real Estate Market

Cortland Market

The median sale price for homes in Cortland over the last 12 months is $87,000.


The median mortgage debt is $53,443.

Additional Statistics for Single Family Homes and Condos in Cortland, NY
$119,900
Median Listing Price
78
Median Days on Market
37
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
Cortland, NY Price Trends - Sold vs. Listed
The median list price in May for single family homes in Cortland is $119,900. The list prices increased by 14.29% from the previous month.

The price per square foot for listings in this area is $79.

The median sale price in December for single family homes is $90,000. The sale prices increased by 13.2% from the previous month.

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Cortland, NY Market Inventory Trends

The number of active listings in Cortland increased by 27.6% from the previous month.

The median number of days active properties have been listed is 78. This is significantly shorter than the national average.

The number of sales in December dropped by 42.9% from the previous month.

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Cortland, NY Property Ownership

The percent of owner occupied properties in Cortland is 22.39% below the national average.

The percent of rental properties in Cortland is 27.69% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.