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Featured local agent — East Ithaca, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · East Ithaca, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

East Ithaca, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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East Ithaca, NY Housing Market & Real Estate

Buyer's market-14.7% YoY

Housing market overview · Updated monthly ·

$362,500median sale price

How is the East Ithaca, NY housing market right now?

The median home sale price in East Ithaca, NY is $362,500, down 14.7% year-over-year. Homes sell in an average of 120 days with 15 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is East Ithaca a buyer's or seller's market?

Buyer's market7.5 months of supply120 avg. days on market

East Ithaca, NY is currently a buyer's market, based on 7.5 months of supply and homes selling in about 120 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

120

Average pace

Active listings

15

7.5 months supply

Sale-to-list

89.4%

Below asking

What does the East Ithaca housing market data show?

Current housing market statistics for East Ithaca, NY
MetricValue
Median sale price$362,500
Median list price$592,500
Year-over-year price change-14.7%
Average days on market120 days
Active inventory15 listings
Months of supply7.5 months
Sale-to-list price ratio89.4%
Median price per sq ft$272/sq ft
Homes sold (latest month)2
New listings (latest month)4
Listings with a price cut6.7%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in East Ithaca by property type?

How the East Ithaca, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in East Ithaca, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$362,500$272/sq ft2120 days
Condo / Co-op$230,000$213/sq ft1322 days

Source: Redfin · Updated monthly

The East Ithaca housing market is currently classified as a buyer's market with a median sale price of $362,500. Prices have fallen 14.7% compared to last year, with homes spending an average of 120 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in East Ithaca

There are currently 15 homes listed for sale in East Ithaca, New York. The median listing price is $593K.

Active listings

15

Homes on market

Median list price

$593K

Avg. days on market

120

Days until sale

New this week

4

Newly listed

Price drops:6.7%of listings
Sale-to-list:89.4%

Who lives in East Ithaca?

Population

2,372

Median income

$108,839/yr

Median age

40.2 years

Owner-occupied

55.1%

College grads

76.4%

Avg commute

21 min

Source: U.S. Census Bureau ACS

What is it like to live in East Ithaca?

East Ithaca is a community of approximately 2K residents with a median age of 40.2 years.The median household income is $108,839, which reflects a relatively affluent area with strong earning potential. 76.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 55.1%, showing a blend of owner and renter-occupied properties. The average commute time is 21 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, East Ithaca offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near East Ithaca, NY?

Want a head-to-head view? Compare East Ithaca side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in East Ithaca?

The median home sale price in East Ithaca is $362,500, down 14.7% from last year.

How long do homes stay on market in East Ithaca?

Homes typically spend 120 days on market before going under contract.

What is the median income in East Ithaca?

The median household income is $108,839 per year.

Is East Ithaca a buyer's or seller's market?

With 7.5 months of supply, East Ithaca is currently a buyer's market.

What is the median condo price in East Ithaca?

The median condo/co-op sale price in East Ithaca, NY is $230,000, compared to $362,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in East Ithaca?

The median single-family home price in East Ithaca, NY is $362,500 (about $272 per square foot).

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