Comprehensive market data and analysis• Updated Dec 2025
2.4 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 3 | 15 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 2 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 8 | 21 |
Acreage buckets
The median price for land in Cortland, Ohio is currently $105K per acre. For a typical parcel, the median sale price is $33K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $432K.
Cortland, Ohio is currently a very hot seller's market with 2.4 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Cortland, Ohio currently has 2.4 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
The current absorption rate in Cortland, Ohio is 41.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Brokers Realty Group.
Land in Cortland, Ohio averages $82K per acre. The median price per acre is $105K, which may be more representative of typical transactions. Most parcels sold are around 15,682 sq ft.
Land in Cortland, Ohio typically sells within 350 days of listing. The median time on market is 272 days. Properties are moving slowly in the current very hot seller's market.
The 3-month absorption rate in Cortland, Ohio is 41.7%. The 12-month rate is 52.1%. 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. 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.
