Cortland, OH Home Values & Market Trends

Real estate market trends reflect that there have been 305 transactions over the past year in Cortland. The median value for residential home transactions that occurred over the previous year is $200,906.23. The number of current listings in Cortland is 2, and the percentage of properties for sale in the city is 2.00%. Cortland, OH currently has 25 properties in foreclosure, 3 bank owned properties, 3 properties headed for auction, and 2 properties for sale.

Cortland, OH Real Estate Market Overview

ZipMedian Est. Value
44410

$ 280,950

$ 148/sqft

Housing Market Summary for Cortland, OH

Apr 2023March 2024Change
Median Listing Price$240K$188K-21.65%
Median Sold Price$191K$188K-1.55%
Homes For Sale22-
Homes Sold229175-23.58%
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Homes For Sale
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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%.

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Browse Homes in Cortland, OH

Cortland home values range from $20,184 to $2,173,351. The median estimated value of a home in Cortland is $200,906.23. The median list price of a home is 278,650, and the total count of properties in the city is 6,351.

Foreclosure
There is 1 zips within Cortland, OH; within this zips, the median estimated home value for homes in foreclosure ranges from $397,000 in 44410 to the lowest value of $68,736 in 44410. Foreclosure homes account for 0.00% of properties in Cortland, OH with 44410 containing 25 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.30% of all residential properties in Cortland, OH with 44410 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cortland, OH; of that zips, the estimated home value for pre-foreclosure homes ranges from $252,936 in 44410 to the lowest home value of $68,736 in 44410.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cortland, OH ranges from the highest value of $367,000 in 44410 to the lowest value of $145,000 in 44410. Bank owned homes and properties account for 0.05% of properties in Cortland, OH. There is 1 zips within Cortland, OH; 44410 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    44410 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Cortland, OH. Auction homes and other auction properties account for 0.05% of all properties in Cortland, OH. There is 1 zips within Cortland, OH; of that zips, the median estimated home value for homes going to auction ranges from $397,000 in 44410 to the lowest value of $112,000 in 44410.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in Cortland, OH with 44410 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Cortland, OH; homes for sale in that zips, have a range of median values from $372,400 in 44410 to the lowest value of $189,500 in 44410.
    Sold Homes
    The median value for recently sold homes ranges from $781,713 in 44410 to the lowest price of $34,330 in 44410. There is 1 zips within Cortland, OH. 44410 has 186 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.93% of properties in Cortland, OH.

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      Guide for Cortland, OH

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      Property values in Toledo’s real estate market fluctuated in recent months, recent trend data shows.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

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      Market Reports|posted 28 February 2024

      Cincinnati’s real estate market has showcased promising growth in 2023, marked by an increase in property values and prices per square foot.

      Ohio Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Ohio Foreclosure Laws

      Recently Listed Homes Cortland, OH

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