Cortland, OH Real Estate
According to census data in the year 2000 there were 2,902 housing units in Cortland.
This represents a 30% growth from 2,233 in 1990.
Of those housing units, 2,826 were located in either urbanized areas or urban clusters, and 76 were located in what is classified as a rural area.
Homeownership rate in Cortland is about 74.9%.
Cortland's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Cortland were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 43.20% |
| Four Bedrooms | 21.10% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $128,900 |
| Median Price asked for vacant units | $99,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $416 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 56.80% |
| Debt Free | 27.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
