Home prices
The price of the median home in Cortland is $109,400. In comparison to nearby areas this is approximately $12,200 (10%) lower.Compared to the US as a whole it is approximately $108,100 (49%) lower, and compared to the city of Syracuse is approximately $15,000 (15%) higher.
Rents
Cortland's median rent is $754 per month. In comparison to other places in this area this is about $15 (1%) higher.It is roughly $308 (29%) lower compared to the rest of the country, and in comparison to the city of Syracuse it is about $60 (7%) lower.
Nearby places
Munsons Corners
Munsons Corners is Cortland's neighbor to the southwest. Its housing prices are a little more expensive. The median home in Munsons Corners is valued at $129,900, which works out to $20,500 (15%) higher than Cortland. Rent there is somewhat more expensive. The median monthly rent in Munsons Corners is $844, which comes out to $90 (10%) higher than Cortland.
Homer
Homer is approximately 2 miles north from Cortland. The real estate prices there are somewhat more expensive. The median home in Homer is valued at $136,900, which comes out to $27,500 (20%) higher than Cortland. The rent there is similar. In Homer the median rent is $766 a month, which works out to $12 (1%) higher than Cortland.
McGraw
McGraw is about 3 miles east from Cortland. Real estate prices there are somewhat less expensive. The median home in McGraw is valued at $87,000, which comes out to $22,400 (25%) lower than Cortland. Rent there is a bit less expensive. In McGraw the median monthly rent is $689, which works out to $65 (9%) lower than Cortland.
Virgil
Virgil is about 5 miles south of Cortland. Real estate prices there are somewhat more expensive. Virgil's median home price is $124,500, which comes out to $15,100 (12%) higher than Cortland. Rents there are pretty similar. Virgil's median monthly rent is $721, which is $33 (4%) lower than Cortland.
Groton
Groton is approximately 8 miles west from Cortland. Its real estate prices are a little more expensive. The median home in Groton costs $129,700, which comes out to $20,300 (15%) higher than Cortland. Its rents are a bit less expensive. The median monthly rent in Groton is $677, which works out to $77 (11%) lower than Cortland.
