Market Overview
Home Prices in Cortez, FL
The median home value in Cortez, FL is $773,283 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.9% compared to a year ago and down 7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cortez are priced89% above average. Cortez is part of the North Port-Sarasota-Bradenton, FL metro area.
Over the past five years, Cortez home values have risen by approximately25.2%, reflecting strong long-term appreciation in this market.
Price History
Cortez Home Price Trend
City Comparison
Cortez vs. National Median
At $773,283, homes in Cortez cost 89% above the national median of $410,000. Buyers in Cortez should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Cortez?
20% Down Payment
$154,657
on $773,283
Monthly P&I
$4,033/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,122/mo
incl. taxes & insurance
Income Needed
$204,880
gross annual (30% rule)
10% Down Option
$77,328
+ PMI applies
Loan Amount (20% dn)
$618,626
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cortez, FL?
The median home value in Cortez is $773,283 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.9% year-over-year.
How much have home prices changed in Cortez?
Over the past year, home values in Cortez have decreased by 2.9%. Over five years, prices have risen approximately 25.2%.
How much do I need to earn to buy a home in Cortez?
To comfortably afford the median home price of $773,283 with a 20% down payment ($154,657) at today's rates (6.8%), you'd need a gross annual income of approximately $204,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Cortez compare to the national average home price?
The national median home value is approximately $410,000. At $773,283, homes in Cortez are 89% above the national average.
What metro area is Cortez part of?
Cortez is part of the North Port-Sarasota-Bradenton, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.