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Featured local agent — Cortez, FL
Sarah Mitchell
Compass Real Estate · Cortez, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cortez, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$315,400median sale price
How is the Cortez, FL housing market right now?
The median home sale price in Cortez, FL is $315,400, down 54.6% year-over-year. Homes sell in an average of 138 days with 72 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cortez a buyer's or seller's market?
Cortez, FL is currently a buyer's market, based on 8.0 months of supply and homes selling in about 138 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
138
Average pace
Active listings
72
8.0 months supply
Sale-to-list
91.8%
Below asking
What does the Cortez housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $315,400 |
| Median list price | $317,500 |
| Year-over-year price change | -54.6% |
| Average days on market | 138 days |
| Active inventory | 72 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 91.8% |
| Median price per sq ft | $301/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 16 |
| Listings with a price cut | 30.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Cortez by property type?
How the Cortez, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $502,700 | $280/sq ft | 4 | 156 days |
| Condo / Co-op | $300,000 | $301/sq ft | 5 | 138 days |
| Townhouse | $166,000 | $126/sq ft | 1 | 315 days |
Source: Redfin · Updated monthly
The Cortez housing market is currently classified as a buyer's market with a median sale price of $315,400. Prices have fallen 54.6% compared to last year, with homes spending an average of 138 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 9.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Cortez
There are currently 72 homes listed for sale in Cortez, Florida. The median listing price is $318K.
Active listings
72
Homes on market
Median list price
$318K
Avg. days on market
138
Days until sale
New this week
16
Newly listed
Who lives in Cortez?
Population
5,323
Median income
$76,915/yr
Median age
62.8 years
Owner-occupied
85.5%
College grads
46.4%
Avg commute
35.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Cortez?
Zillow home value
$743,010
Price-to-income
9.7x
Source: Zillow Research
What is it like to live in Cortez?
Cortez is a community of approximately 5K residents with a median age of 62.8 years.The median household income is $76,915, which reflects a relatively affluent area with strong earning potential. 46.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Cortez offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Cortez, FL?
Want a head-to-head view? Compare Cortez side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cortez?
The median home sale price in Cortez is $315,400, down 54.6% from last year.
How long do homes stay on market in Cortez?
Homes typically spend 138 days on market before going under contract.
What is the median income in Cortez?
The median household income is $76,915 per year.
Is Cortez a buyer's or seller's market?
With 8.0 months of supply, Cortez is currently a buyer's market.
What is the Zillow home value estimate for Cortez?
The Zillow Home Value Index (ZHVI) for Cortez is $743,010, representing the typical home value in the area.
What is the median condo price in Cortez?
The median condo/co-op sale price in Cortez, FL is $300,000, compared to $502,700 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cortez?
The median single-family home price in Cortez, FL is $502,700 (about $280 per square foot).
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