Ithaca, NY Housing Market & Real Estate

Buyer's market+125.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Ithaca, NY is $530,000, up 125.5% year-over-year. Homes sell in an average of 17 days with 30 active listings. The market is currently a buyer's market.

$530,000median sale price

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

Buyer's market10.0 months of supply17 avg. days on market

Ithaca, NY is currently a buyer's market, based on 10.0 months of supply and homes selling in about 17 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

17

Fast-moving

Active listings

30

10.0 months supply

Sale-to-list

97.6%

Below asking

Ithaca, NY market data

Current housing market statistics for Ithaca, NY
MetricValue
Median sale price$530,000
Median list price$367,000
Year-over-year price change+125.5%
Average days on market17 days
Active inventory30 listings
Months of supply10.0 months
Sale-to-list price ratio97.6%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Ithaca housing market is currently classified as a buyer's market with a median sale price of $530,000. Prices have risen 125.5% compared to last year, with homes spending an average of 17 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Ithaca

There are currently 30 homes listed for sale in Ithaca, New York. The median listing price is $367K.

Active listings

30

Homes on market

Median list price

$367K

Avg. days on market

17

Days until sale

New this week

12

Newly listed

Price drops:10.0%of listings
Sale-to-list:97.6%

Top public schools in Ithaca

13 schools tracked · 5,117 students

The largest public schools serving Ithaca, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

ITHACA SENIOR HIGH SCHOOL

Grades 9-12 · 1,362 students

Public

BOYNTON MIDDLE SCHOOL

Grades 6-8 · 534 students

Public

DEWITT MIDDLE SCHOOL

Grades 6-8 · 508 students

Public

NORTHEAST SCHOOL

Grades K-5 · 395 students

Public

SOUTH HILL SCHOOL

Grades PK-5 · 370 students

Public

BELLE SHERMAN SCHOOL

Grades PK-5 · 319 students

Public

TOMPKINS-SENECA-TIOGA BOCES

Grades 1-12 · 307 students

Special ed

BEVERLY J MARTIN ELEMENTARY SCHOOL

Grades PK-5 · 278 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Ithaca?

The median home sale price in Ithaca is $530,000, up 125.5% from last year.

How long do homes stay on market in Ithaca?

Homes typically spend 17 days on market before going under contract.

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

With 10.0 months of supply, Ithaca is currently a buyer's market.

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