The housing market in Cortlandt, NY is a dynamic and vibrant one. The median value of a home is $630,800 which is significantly higher than the U.S. median value of $338,100. In the past year, home appreciation in Cortlandt has been 7.98%, slightly lower than the national average of 8.27%. Despite this slight difference in appreciation rate, it can be said that the real estate market in Cortlandt remains a strong one with plenty of opportunities for potential homeowners and investors alike.
The median home cost in Cortlandt is $630,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Cortlandt is up 10.6%.
Average Age of Homes
- The median age of Cortlandt real estate is 56 years old
The Rental Market in Cortlandt
- Renters make up 21.6% of the Cortlandt population
- 0.4% of houses and apartments in Cortlandt, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.