Is Cortlandville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cortlandville has remained a Seller's Market.
Housing Prices in Cortlandville, NY
How much do homes in Cortlandville, NY cost?
Median Sold Price
$192,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cortlandville was $192,000 in May 2024, down 8.6% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $34.2K | - | N/A |
2 Bedrooms | $155.5K | $167.2K | +7.5% |
3 Bedrooms | $210K | $227.5K | +8.3% |
4 Bedrooms | $285K | $200K | -29.8% |
5+ Bedrooms | $260K | $268.5K | +3.3% |
Summary: Cortlandville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in Cortlandville, NY
How many homes are available in Cortlandville, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 21 | 0.0% |
Summary: The Cortlandville real estate market had 21 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Cortlandville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Cortlandville in May 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Cortlandville, NY
How long does it take to sell a home in Cortlandville, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 9 Days | -68.2% |
Summary: Homes in Cortlandville had an average of 9 days on market in May 2024, down by 68.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Cortlandville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.