Is Cincinnatus, NY 13040 a buyer’s or seller’s market?
Cincinnatus is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Cincinnatus housing market right now
In the three months ending August 31, 2026, 33% of homes in Cincinnatus, NY 13040 sold above their list price, the typical home went under contract in 65 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (19 days then) and the median sale price fell 75% to $44,981. Overall, Cincinnatus is less competitive than a year ago, which gives buyers more room.
Within Cortland County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 60%.
Nearby, buyers who want less competition could look at Marathon 13803 (0% sold over asking) or Mc Graw 13101 (13% sold over asking), while Truxton 13158 (50% sold over asking) and Cortland 13045 (45% sold over asking) are even more competitive.
Run the numbers for 13040
Nearby markets
Cortland 13045Seller’s market $155 /sq ftHarford 13784 — /sq ftHomer 13077Seller’s market $156 /sq ftLittle York 13087 — /sq ft Browse all markets →Towns like Cincinnatus nearby
Find towns like Cincinnatus in other states →Where Cincinnatus is
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Questions about Cincinnatus real estate
Is Cincinnatus a buyer’s or seller’s market?
A buyer’s market: there were 10.7 months of supply in Cincinnatus, NY 13040 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cincinnatus?
The typical home went under contract in 65 days in the latest three months.
Do homes in Cincinnatus sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 86.2% of the list price.
What are property taxes in Cincinnatus?
About 2.56% of a home’s value a year in Cortland County, or roughly $10,240 on a $400,000 home.
What is the median home price in Cincinnatus?
The median sale price was $44,981 in the three months ending August 31, 2026, about $32 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology