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Cortland, NE Real Estate


According to census data in the year 2000 there were 208 housing units in Cortland. This represents a 25.3% growth from 166 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 208 were located in what is classified as a rural area.

Homeownership rate in Cortland is about 81.9%. Cortland's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Cortland were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom6.30%
Two Bedrooms26%
Three Bedrooms50%
Four Bedrooms14.40%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1965
Median Value of occupied units$86,800
Median Price asked for vacant units$72,500

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage15.50%
Home Equity Loan2.10%
Simple Mortgage35.20%
Debt Free47.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%