Cortland County, New York home prices
Typical home $209,513 · +6.3% in a year · property tax 2.56%
The typical home in Cortland County is worth $209,513, 60% less than the New York typical home ($524,942). Values changed +6.3% in the past year and +35.4% over five years. Homeowners here pay a median 2.56% of their home's value in property tax each year ($5,363 on the typical home), versus 1.42% statewide.
Mortgage on the typical Cortland County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $41,903 | $167,610 | $1,128 | $0 | $552 | $1,679 | $72,000 |
| 10% down | $20,951 | $188,562 | $1,268 | $79 | $552 | $1,899 | $81,400 |
| 5% down | $10,476 | $199,037 | $1,339 | $83 | $552 | $1,974 | $84,600 |
| 3.5% down (FHA) | $7,333 | $205,718 | $1,384 | $93 | $552 | $2,028 | $86,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.56% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in New York · part of the Cortland metro area.
New York counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Tioga County | $209,229 | +7.8% | 2.33% |
| Oswego County | $208,964 | +7.3% | 2.4% |
| Orleans County | $207,563 | +8.1% | 2.72% |
| Montgomery County | $213,640 | +3.3% | 2.46% |
| Wyoming County | $214,905 | +5.6% | 2.25% |
| Herkimer County | $204,078 | +6.2% | 2.1% |
| Broome County | $201,781 | +6.7% | 2.52% |
| Otsego County | $220,102 | +5.5% | 1.7% |
| Lewis County | $198,555 | +4.7% | 1.62% |
| Seneca County | $225,973 | +5.9% | 2.19% |
Frequently asked questions
What is the average home price in Cortland County, NY?
The typical home value in Cortland County is $209,513 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Cortland County?
About $72,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Cortland County?
The median effective rate is 2.56% of home value a year (Census ACS 2024 5-year estimates).