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Condo Foreclosures 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 $248,037.
In Cortland, OH, how many homes are available?
There are currently 4 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 $3,905,936.
What is currently the cheapest priced home in Cortland, OH?
The cheapest home for sale in Cortland is priced at $11,895.

Living in Cortland, OH

Cortland, Ohio, combines the charm of a small town with the amenities of larger cities. This community offers peaceful living, a friendly atmosphere, and access to local parks and lakes for outdoor enthusiasts. Known for its strong educational institutions, Cortland thrives with a family-oriented lifestyle.

Current Market Conditions in Cortland, OH

Cortland's real estate market is currently showing positive trends, with a steady increase in home prices and a low inventory of available properties. This has led to heightened competition among buyers, with homes often selling above the asking price due to high demand.

The past few months have seen a growing interest in Cortland due to its affordability compared to nearby urban areas, making it an attractive option for families and first-time homebuyers. New developments are also emerging, further expanding the real estate opportunities in the area.

Home Value Estimator For Cortland, OH

There are currently 7,308 real estate properties in Cortland, OH, with a median automated valuation model (AVM) price of $223,289.00. 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 $248,037.00, with the most expensive house in Cortland, OH, topping out at $3,905,936.00 and the cheapest home in Cortland, OH, clocking in at $11,895.00. 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 Condos


Market Trend for Cortland, OH

Total Listings Available: 4

Market Values:

Home Prices from $11,895 to $3,905,936

Average Sales Price: $248,037

Rental Values:

Rental from $680 to $1,450

Average Rent Value: $968 / month

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