Comprehensive market data and analysis• Updated Oct 2026
16.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 3 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 2 | 2 | 7 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 2 | 3 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 5 | 16 |
Acreage buckets
The median price for land in Cortland, Ohio is currently $10K per acre. For a typical parcel, the median sale price is $59K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $407K.
Cortland, Ohio is currently a strong buyer's market with 16.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Cortland, Ohio currently has 16.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Cortland, Ohio is 6.1% (3-month basis), indicating slow demand. The top-performing broker in this market is ListWithFreedom.com Inc..
Land in Cortland, Ohio averages $110K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 6.4 acres.
Land in Cortland, Ohio typically sells within 77 days of listing. The median time on market is 9 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 3-month absorption rate in Cortland, Ohio is 6.1%. The 12-month rate is 13.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Cortland on LandyDandy.
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