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Foreclosure Homes in Cortland, NY

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Cortland, NY Foreclosures

How much do homes sell for in Cortland, NY?
The average home price is currently $240,018.
In Cortland, NY, how many homes are available?
There are currently 48 active home listings available in Cortland.
What’s the average rental cost in Cortland, NY?
The average rental price in Cortland is $1,364.
What is the most expensive home in Cortland?
The most expensive home sold in Cortland had a price of $21,242,962.
What is currently the cheapest priced home in Cortland, NY?
The cheapest home for sale in Cortland is priced at $10,226.

Living in Cortland, NY

Cortland, NY, is a quaint town that offers a perfect mix of small-town charm and vibrant community life. With easy access to educational institutions, parks, and outdoor activities, residents enjoy an engaging lifestyle. The town's strong community sense, coupled with a rich historical background, makes it a desirable place to live.

Current Market Conditions in Cortland, NY

Cortland's real estate market has been stable over the past year, with slight increases in home prices as demand for housing continues to grow due to its attractive suburban offerings.

The area has seen a rise in interest from young professionals and families attracted by the quality of life, educational opportunities, and reasonable home prices.

Home Value Estimator For Cortland, NY

There are currently 9,162 real estate properties in Cortland, NY, with a median automated valuation model (AVM) price of $195,373.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cortland, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cortland, NY, is $240,018.00, with the most expensive house in Cortland, NY, topping out at $21,242,962.00 and the cheapest home in Cortland, NY, clocking in at $10,226.00. In other words, there’s something for every potential homebuyer or savvy investor in Cortland, NY!

Rent Prices In Cortland, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cortland, NY, is on a rollercoaster ride. The average rent price in Cortland, NY, is $1,364.00. Indeed, when looking to rent in Cortland, NY, you can expect to pay as little as $750.00 or as much as $2,540.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Cortland, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cortland, NY Foreclosures

Market Trend for Cortland, NY

Total Listings Available: 48

Market Values:

Home Prices from $10,226 to $21,242,962

Average Sales Price: $240,018

Rental Values:

Rental from $750 to $2,540

Average Rent Value: $1,364 / month

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