Cortland, NY

Metro area in New York · Updated Jan 2026

12-Month Forecast ↑ +1.9%

Median Home Value

$189,992

↑ +5.7%

Year-over-year

Median Rent

$1,153/mo

↓ -0.1%

Year-over-year

Rental Yield

7.3%

Excellent for investors

5-Year Appreciation

+37.9%

Active Listings

79

For-sale inventory

Price-to-Rent Ratio

13.7

Favors buying

Price Forecast

1 Month

↑ +0.4%

3 Months

↑ +0.6%

12 Months

↑ +1.9%

5-Year Price Trend

Calculate your mortgage for Cortland, NY

See monthly payments for a $189,992 home →

Should you rent or buy in Cortland, NY?

Price-to-rent ratio: 13.7x — Buying likely wins. Run a full breakeven analysis with Cortland, NY numbers pre-filled →

Frequently Asked Questions