New - 2 days on Rocket
$1,894 Closing Credit¹
#5097208, Nicholas J Huscroft, Listing Office: Chosen Real Estate Group
Cortland Housing Market Report January 2025•Trumbull County, Ohio
Housing Prices in Cortland, OH
How much do homes in Cortland, OH cost?
Housing Market Conditions
Is Cortland, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cortland is a Seller's Market
Difference Since January 2024
Since last year, Cortland has remained a Seller's Market.
Insight
Cortland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$212,450$121/SqFt
+$22,450
+11.8%
Based on all homes sold in the last 12 months
Insight
Homes in Cortland have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Cortland was $212,450 in January 2025, up 11.8% from last year, and the median price per square foot was $121.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Cortland | $190K | $212.4K | +11.8% |
| Bazetta Township | $158K | $156K | -1.3% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $35K | - | N/A |
| 22 Bedrooms | $140.2K | $145K | +3.4% |
| 33 Bedrooms | $199K | $219.2K | +10.2% |
| 44 Bedrooms | $257.5K | $317.4K | +23.3% |
| 55+ Bedrooms | $393.7K | $297.5K | -24.4% |
Summary: Cortland housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.4%. The home price for 3 bedroom homes increased by +10.2%. The home price for 4 bedroom homes increased by +23.3%. The home price for 5 bedroom homes decreased by -24.4%.
Housing supply in Cortland, OH
How many homes are available in Cortland, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 43Last MonthJan 2025 | ||
| 442 months agoDec 2024 | -2.3 % Change MoMDec – Jan |
Summary: The Cortland real estate market had 43 homes for sale in Jan 2025, a 2.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthJan 2025 | ||
| 152 months agoDec 2024 | -26.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 8 | 9 | +12.5% |
| 33 Bedrooms | 22 | 21 | -4.5% |
| 44 Bedrooms | 12 | 11 | -8.3% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Cortland housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 3 bedroom homes decreased by -4.5%. The inventory for 4 bedroom homes decreased by -8.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Cortland, OH cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in Cortland, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Cortland in January 2025, down by 26.7% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and and 0% were sold over asking.
Days on Market for Cortland, OH
How long does it take to sell a home in Cortland, OH?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in Cortland has remained consistent over time.
Summary: During January 2025, 11 homes were sold in Cortland; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 42 DaysThis YearJan 2025 | ||
| 48 Days1 year agoJan 2024 | -12.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Cortland had an average listing age of 42 days in Jan 2025, down by 12.4% compared to the previous year.
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Newest Listings in Cortland, OH
What homes are available in Cortland, OH?
New - 4 days on Rocket
$2,255 Closing Credit¹
#5096150, Chuckie Rosile, Listing Office: More Options Realty, LLC
New - 5 days on Rocket
#5095049, Tyler L Obradovich, Listing Office: Keller Williams Chervenic Realty
New - 7 days on Rocket
$4,988 Closing Credit¹
#5095990, Tyler L Obradovich, Listing Office: Keller Williams Chervenic Realty
$4,382 Closing Credit¹
#5095964, Mary Catherine Butcherine, Listing Office: CENTURY 21 Lakeside Realty
$2,849 Closing Credit¹
#5096011, Daniel J Alvarez, Listing Office: Brokers Realty Group
Backup offers
$4,572 Closing Credit¹
#5095309, Charlotte J Finney, Listing Office: Volpini Realty
$3,563 Closing Credit¹
#5094923, Holly Ritchie, Listing Office: Keller Williams Chervenic Rlty
Backup offers
$4,156 Closing Credit¹
#5093608, Stella Kotsatos-Angelo, Listing Office: CENTURY 21 Lakeside Realty
$1,247 Closing Credit¹
#5094657, Kelly L Warren, Listing Office: Kelly Warren and Associates RE Solutions
$4,691 Closing Credit¹
#5093977, Janice L Stevens, Listing Office: Coldwell Banker EvenBay Real Estate LLC
3D tour
$2,713 Closing Credit¹
#5092653, Jayne M Gregory, Listing Office: Brokers Realty Group
Nearby markets
Nearby markets aren't available for Cortland, OH
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 02/01/2023 - 02/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.