$5,451 Closing Credit*
$459,000
1,145 SqFt
2 Beds
•2 Full Baths
Listing Office: RE/MAX Ace Realty
Is Cortlandt, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cortlandt has remained a Seller's Market.
Key Takeaway
Cortlandt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cortlandt, NY
How much do homes in Cortlandt, NY cost?
Median Sold Price
$630,000
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,412(+14.6%)
Key Takeaway
Homes in Cortlandt have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Cortlandt was $630,000 in October 2024, up 14.6% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.5K | $247.5K | +5.5% |
| 2 Bedrooms | $380K | $480K | +26.3% |
| 3 Bedrooms | $541.2K | $605K | +11.8% |
| 4 Bedrooms | $733K | $801.5K | +9.3% |
| 5+ Bedrooms | $694.5K | $995K | +43.3% |
Summary: Cortlandt housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 43.3%.
Median Sold Price Compared To Nearby Cities
| Cortlandt Manor | $539.5K | $630K | +16.8% |
| Cortlandt | $549.5K | $630K | +14.6% |
| Peekskill | $410K | $433K | +5.6% |
| Buchanan | $546.2K | $515K | -5.7% |
Housing Supply in Cortlandt, NY
How many homes are available in Cortlandt, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 139 | 145 | +4.3% |
Summary: The Cortlandt real estate market had 145 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 8 | -20.0% |
| 2 Bedrooms | 26 | 26 | 0.0% |
| 3 Bedrooms | 66 | 69 | +4.5% |
| 4 Bedrooms | 31 | 31 | 0.0% |
| 5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Cortlandt housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cortlandt, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Cortlandt in October 2024, up by 25.0% month-over-month. Of the 30 sold homes, 43% were sold under asking, 3% were sold at asking, and 53% were sold over asking.
Days on Market for Cortlandt, NY
How long does it take to sell a home in Cortlandt, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 31 Days | -11.4% |
Summary: Homes in Cortlandt had an average of 31 days on market in Oct 2024, down by 11.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cortlandt are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Cortlandt; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.