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Foreclosure Homes in Cortland, OH

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Cortland, OH Foreclosures

How much do homes sell for in Cortland, OH?
The average home price is currently $247,770.
In Cortland, OH, how many homes are available?
There are currently 40 active home listings available in Cortland.
What’s the average rental cost in Cortland, OH?
The average rental price in Cortland is $968.
What is the most expensive home in Cortland?
The most expensive home sold in Cortland had a price of $3,453,173.
What is currently the cheapest priced home in Cortland, OH?
The cheapest home for sale in Cortland is priced at $11,786.

Living in Cortland, OH

Cortland, Ohio, is a picturesque suburban community known for its friendly atmosphere and strong sense of community. With great schools and access to outdoor parks, it offers an ideal setting for families and individuals alike. Residents enjoy a blend of small-town charm while being just a short drive away from larger urban centers.

Current Market Conditions in Cortland, OH

Cortland's real estate market has shown a steady upward trend in property values over the past year. Increased demand for suburban living, combined with limited inventory, has led to quicker sales and higher sale prices. Interest from first-time buyers and families relocating for schools and safety has kept the market active and competitive.

The local market is characterized by a balanced blend of established homes and new constructions. Many buyers are seeking spacious homes with yards and access to amenities, which has resulted in multiple offers for well-maintained properties.

Home Value Estimator For Cortland, OH

There are currently 7,066 real estate properties in Cortland, OH, with a median automated valuation model (AVM) price of $225,593.00. 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, OH, 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, OH, is $247,770.00, with the most expensive house in Cortland, OH, topping out at $3,453,173.00 and the cheapest home in Cortland, OH, clocking in at $11,786.00. In other words, there’s something for every potential homebuyer or savvy investor in Cortland, OH!

Rent Prices In Cortland, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cortland, OH, is on a rollercoaster ride. The average rent price in Cortland, OH, is $968.00. Indeed, when looking to rent in Cortland, OH, you can expect to pay as little as $680.00 or as much as $1,450.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Cortland, OH -- 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, OH Foreclosures


Market Trend for Cortland, OH

Total Listings Available: 40

Market Values:

Home Prices from $11,786 to $3,453,173

Average Sales Price: $247,770

Rental Values:

Rental from $680 to $1,450

Average Rent Value: $968 / month

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