Cortland County Real Estate Sees 8 Home Sales, Median $167,500

URGENT UPDATE: Cortland County real estate is heating up, with eight home sales reported between December 1 and December 7, 2023. The most notable transaction was a 1,512-square-foot home on Galatia Street in Marathon, which sold for $167,500, marking a significant moment in the local housing market.

The transactions reflect a diverse range of properties and buyers, underscoring the area’s active real estate climate. Among the sales, Cortland Weldon Homes LLC acquired a spacious 3,232-square-foot property on 24 Union St. for $155,000. This home features five bedrooms and three bathrooms, priced at an attractive $48 per square foot.

Another noteworthy sale involved 45 Evergreen St., which changed hands for $215,000. This 1,824-square-foot home boasts three bedrooms and two bathrooms, drawing interest with its price of $118 per square foot.

In a more budget-friendly transaction, 120 Route 200 was sold for $73,000. This cozy 960-square-foot home features three bedrooms and one bathroom, appealing to first-time buyers.

The market also saw the sale of 5101 Foster Road for $395,000. This larger property, measuring 1,824 square feet, includes four bedrooms and three bathrooms, representing a premium investment at $217 per square foot.

Additionally, 1 Brink St. was purchased for $130,000. With 3,540 square feet and six bedrooms, this home is priced at just $37 per square foot, making it an enticing option for those looking for space.

Homes on Galatia Street showed strong demand, with two significant sales: 9 Galatia St. sold for $160,000 and 15 Galatia St. also went for $167,500, further establishing the area as a sought-after location.

Lastly, 6449 W. Scott Road sold for $195,000, featuring 3,036 square feet, four bedrooms, and three bathrooms at $64 per square foot.

As the real estate market in Cortland County continues to evolve, these recent transactions highlight the ongoing demand for housing in the area. With diverse options available, buyers are encouraged to act quickly as properties are selling fast.

Stay tuned for more updates on the Cortland County real estate market as we track the latest developments. Share your thoughts on these sales and what they mean for local homebuyers and sellers!