Zip 13045 (Cortland, NY) Housing

The housing market in Cortland, NY (13045) has seen a strong year of appreciation, with the median value of homes increasing by 11.42%. This is higher than the US house appreciation rate of 8.27%, showing that the local housing market is performing well. The median value of a home in Cortland is $164,600, which is significantly lower than the US house median value of $338,100. This demonstrates that Cortland offers potential buyers a much more affordable option for those looking to buy in the area.

The median home cost in Cortland (zip 13045) is $164,600. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Cortland (zip 13045) is up 12.8%.

Average Age of Homes

- The median age of Cortland (zip 13045) real estate is 74 years old

The Rental Market in Cortland (zip 13045)

- Renters make up 36.5% of the Cortland (zip 13045) population
- 1.3% of houses and apartments in Cortland (zip 13045), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cortland, New York	United States
	12,202.0	139,647,020.0
	67	42
	$164,600	$338,100
	12.8%	16.6%
	46.7%	57.0%
	62.6%	101.1%
	$30.01	$10.98
	$4,066	$2,690
	52.1%	57.4%
	12.2%	11.2%
	35.7%	31.4%
Vacant Housing
	1.3%	1.9%
	2.7%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	2.3%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	0.7%	2.4%
	1.3%	2.8%
	9.5%	3.9%
	12.5%	4.5%
	31.5%	11.3%
	20.2%	13.0%
	13.6%	20.1%
	3.5%	13.6%
	0.1%	8.3%
	2.7%	9.7%
	1.2%	3.9%
	0.1%	2.2%
	0.3%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.1%	13.6%
	3.1%	13.6%
	9.0%	13.6%
	9.2%	13.2%
	10.1%	14.8%
	9.0%	13.6%
	8.9%	10.0%
	6.2%	4.7%
	40.0%	12.2%

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