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NE area data

Cortland, NE

Cortland, NE.

Population: 1,002 (Census ACS)

The median home value in Cortland, NE is $322,214 — up 0.8% over the past year. Homes sell for a median $460,000 after a median 18 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with hail, icestorm, lightning the top-rated hazards. Cost of living is 9.9% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$322,214

Median home value

+0.8%

1-year change

18

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$322,214
1-year appreciation
+0.8%
3-year appreciation
+10.7%
5-year appreciation
+25.3%
10-year appreciation
+79.3%
All-time peak (2026-05)
$323,871
House Price Index (state)
443.6 (+2.0% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$460,000
Median list price
$339,000
Median price per sqft
$196
1-year sale-price change
+6.4%
Median days on market
18 days
Homes sold (recent period)
1
For-sale inventory
4
Sale-to-list ratio
94.8%
Active listings
4
1-year forecast
+2.0%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$714/mo
1BR fair-market rent
$784/mo
2BR fair-market rent
$1,025/mo
3BR fair-market rent
$1,221/mo
4BR fair-market rent
$1,601/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.1 (100 = US avg)
Electricity rate (state-level)
12.3¢/kWh
Natural gas rate (state-level)
$11.40/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
hail, iceStorm, lightning, strongWind, tornado
Notable hazard ratings (county)
hail: Relatively Moderate · drought: Relatively Low · tornado: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Moderate · wildfire: Relatively Low
Wildfire risk to homes (county)
Higher than 56% of US counties
Buildings in wildfire direct-exposure zone
35.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
62.0°F
Average low
40.0°F
Annual precipitation
33.0 in
Annual snowfall
21.4 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
254
Days with Moderate air quality
80
Highest AQI recorded (year)
131

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

National parks within ~60 mi
1
Nearest national park
Homestead National Historical Park (16 mi)
Airports within 30 mi
14
Nearest airport
Rusty Crankshaft Airport (10 mi)
Nearest major airport
Lincoln Airport (LNK) (24 mi)
Hospitals nearby (~15 mi)
13
Hospitals include
BRYAN MEDICAL CENTER, LINCOLN SURGICAL HOSPITAL, CHI HEALTH ST. ELIZABETH
Avg hospital rating (CMS)
3.6 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+35 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,979
Housing built before 1970
30.2%
Housing built 2000 or later
20.0%
Median annual property tax
$3,027
Mean commute to work
32 min
Households with broadband internet
63.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
7,110
Average weekly wage
$948
Top industries (by employment)
Accommodation & Food, Construction, Wholesale Trade
Annual residential building permits (county)
28

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

CortlandState medianUS median
Median home value$322,214$238,068$288,527
Median sale price$460,000$268,738$325,000
Median days on market18 days36 days51 days
Median annual property tax$3,027$2,000$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Cortland, NE?
$322,214.
What is the median sale price in Cortland, NE?
$460,000.
How long do homes take to sell in Cortland, NE?
Median days on market: 18 days.
What is typical rent in Cortland, NE?
2-bedroom fair-market rent: $1,025/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Cortland, NE?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: hail, iceStorm, lightning, strongWind, tornado.
What is the wildfire risk in Cortland, NE?
Risk to homes is higher than 56% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Cortland, NE?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Cortland, NE?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the air quality in Cortland, NE?
Good. Median AQI: 34. (EPA AQI).
What is the cost of living in Cortland, NE?
Regional Price Parity: 90.1 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Cortland

Listing a home in Cortland, NE?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents