Ithaca, NY Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $530,000 |
| Median list price | $367,000 |
| Year-over-year price change | +125.5% |
| Average days on market | 17 days |
| Active inventory | 30 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 97.6% |
| Market condition | Buyer'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
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
BOYNTON MIDDLE SCHOOL
Grades 6-8 · 534 students
DEWITT MIDDLE SCHOOL
Grades 6-8 · 508 students
NORTHEAST SCHOOL
Grades K-5 · 395 students
SOUTH HILL SCHOOL
Grades PK-5 · 370 students
BELLE SHERMAN SCHOOL
Grades PK-5 · 319 students
TOMPKINS-SENECA-TIOGA BOCES
Grades 1-12 · 307 students
BEVERLY J MARTIN ELEMENTARY SCHOOL
Grades PK-5 · 278 students
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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