Is Cortland, NY 13045 a buyer’s or seller’s market?
Cortland is a seller’s market. With about 2.8 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 79% of U.S. ZIP codes, and #332 of 649 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Cortland housing market right now
In the three months ending August 31, 2026, 45% of homes in Cortland, NY 13045 sold above their list price, the typical home went under contract in 34 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 73 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 39%, homes sold more slowly (28 days then) and the median sale price rose 16% to $219,905. Overall, Cortland is more competitive than a year ago, so tougher for buyers.
Within Cortland County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 80%. On our competition score, Cortland ranks #332 of 649 NY ZIP codes with enough sales (score 74 out of 100).
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) is even more competitive.
Run the numbers for 13045
Nearby markets
Cincinnatus 13040Buyer’s market $32 /sq ftHarford 13784 — /sq ftHomer 13077Seller’s market $156 /sq ftLittle York 13087 — /sq ft Browse all markets →Towns like Cortland nearby
Find towns like Cortland in other states →Where Cortland is
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Questions about Cortland real estate
Is Cortland a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Cortland, NY 13045 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 Cortland?
The typical home went under contract in 34 days in the latest three months.
Do homes in Cortland sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Cortland?
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 Cortland?
The median sale price was $219,905 in the three months ending August 31, 2026, about $155 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