Cortland, NY
Housing market overview · Updated weekly
$273,000median sale price
Homes sold
3
Last 12 weeks
Days on market
110
Average pace
Active listings
32
10.7 months supply
Sale-to-list
95.4%
Below asking
The Cortland housing market is currently classified as a buyer's market with a median sale price of $273,000. Prices have risen 70.6% compared to last year, with homes spending an average of 110 days on market, indicating 10.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Cortland
There are currently 32 homes listed for sale in Cortland, New York. The median listing price is $175K.
Active listings
32
Homes on market
Median list price
$175K
Avg. days on market
110
Days until sale
New this week
11
Newly listed
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Frequently asked questions
What is the average home price in Cortland?
The median home sale price in Cortland is $273,000, up 70.6% from last year.
How long do homes stay on market in Cortland?
Homes typically spend 110 days on market before going under contract.
Is Cortland a buyer's or seller's market?
With 10.7 months of supply, Cortland is currently a buyer's market.
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