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Cortland County, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
33
Sold (12M)
51
Median Price
$69K
Market Condition
Seller's Market

Cortland County, New York Market Meter

Buyer'sSeller's
Seller's Market

5.2 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$69K
Avg Price/Acre
$5K
Avg Days on Market
105
Months of Supply
5.2
YoY Price Change
+301.3%
New Listings (3M)
9

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---3
1-2 acres-123
2-5 acres-129
5-10 acres1588
10-20 acres1347
20-50 acres371115
50-100 acres-233
100+ acres--13
TOTAL5193151
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres3 sold / 5 listed
1-2 acres3 sold / 0 listed
2-5 acres9 sold / 3 listed
5-10 acres8 sold / 2 listed
10-20 acres7 sold / 4 listed
20-50 acres15 sold / 12 listed
50-100 acres3 sold / 3 listed
100+ acres3 sold / 4 listed

Median Price by Acreage

$0$170K$340K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$5.4M
Last 12 months
Active Listings
33
Current inventory
Avg Days on Market
105
Time to sell
Price Trend (YoY)
+301.3%
Year over year

Cortland County, New York Land Market Analysis

How much is land worth in Cortland County, New York?

The median price for land in Cortland County, New York is currently $5K per acre. For a typical parcel, the median sale price is $69K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $200K.

Is now a good time to buy land in Cortland County, New York?

Cortland County, New York is currently a seller's market with 5.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 301.3% year-over-year.

What is the months of supply for land in Cortland County, New York?

Cortland County, New York currently has 5.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

How long does it take to sell land in Cortland County, New York?

Land in Cortland County, New York typically sells within 105 days of listing. The median time on market is 69 days. Properties are moving at a moderate pace in the current seller's market.

What is the total land for sale in Cortland County, New York?

There are currently 33 active listings in Cortland County, New York. 9 new listings have hit the market in the last 90 days. The median asking price is $155K.

What is the absorption rate for land in Cortland County, New York?

The 3-month absorption rate in Cortland County, New York is 19.2%. The 12-month rate is 12.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Cortland County, New York?

The current absorption rate in Cortland County, New York is 19.2% (3-month basis), indicating strong demand. With appreciating values (+301.3% YoY), the market shows growth potential. The top-performing broker in this market is Berkshire Hathaway HomeServices Heritage Realty.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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