Cortland, NY Home Values & Market Trends
Real estate market trends reflect that there have been 338 transactions over the past year in Cortland. The median value for residential home transactions that occurred over the previous year is $215,000. The number of current listings in Cortland is 365, and the percentage of properties for sale in the city is 365.00%. Cortland, NY currently has 33 properties in foreclosure, 3 bank owned properties, 1 properties headed for auction, and 365 properties for sale.
Cortland, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 13045 | $ 215,000 $ 155/sqft |
Housing Market Summary for Cortland, NY
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $178.5K | $189K | 5.88% |
| Median Sold Price | $182.6K | $201.5K | 10.31% |
| Homes For Sale | 271 | 365 | 34.69% |
| Homes Sold | 141 | 112 | -20.57% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cortland, NY
Browse Homes in Cortland, NY
Cortland home values range from $25,000 to $831,995. The median estimated value of a home in Cortland is $215,000. The median list price of a home is 189,000, and the total count of properties in the city is 542.
- Pre-ForeclosurePre-foreclosure homes account for 5.35% of all residential properties in Cortland, NY with 13045 containing 29 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cortland, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $831,995 in 13045 to the lowest home value of $101,475 in 13045.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cortland, NY ranges from the highest value of $279,000 in 13045 to the lowest value of $199,356 in 13045. Bank owned homes and properties account for 0.55% of properties in Cortland, NY. There is 1 zips within Cortland, NY; 13045 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions13045 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Cortland, NY. Auction homes and other auction properties account for 0.18% of all properties in Cortland, NY. There is 1 zips within Cortland, NY; of that zips, the median estimated home value for homes going to auction ranges from $182,220 in 13045 to the lowest value of $182,220 in 13045.
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Guide for Cortland, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
