Brokers — List your Company Here
Featured local agent — Ithaca, NY
Sarah Mitchell
Compass Real Estate · Ithaca, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Ithaca, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$385,000median sale price
How is the Ithaca, NY housing market right now?
The median home sale price in Ithaca, NY is $385,000, down 26.5% year-over-year. Homes sell in an average of 68 days with 44 active listings. The market is currently a leaning buyer's. (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 Ithaca a buyer's or seller's market?
Ithaca, NY is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 68 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
68
Average pace
Active listings
44
4.0 months supply
Sale-to-list
97.7%
Below asking
What does the Ithaca housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $385,000 |
| Median list price | $397,000 |
| Year-over-year price change | -26.5% |
| Average days on market | 68 days |
| Active inventory | 44 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $217/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 16 |
| Listings with a price cut | 52.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Ithaca by property type?
How the Ithaca, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $373,000 | $224/sq ft | 10 | 71 days |
| Condo / Co-op | $330,000 | $164/sq ft | 1 | 70 days |
Source: Redfin · Updated monthly
The Ithaca housing market is currently classified as a leaning buyer's with a median sale price of $385,000. Prices have fallen 26.5% compared to last year, with homes spending an average of 68 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Ithaca
There are currently 44 homes listed for sale in Ithaca, New York. The median listing price is $397K.
Active listings
44
Homes on market
Median list price
$397K
Avg. days on market
68
Days until sale
New this week
16
Newly listed
Who lives in Ithaca?
Population
31,792
Median income
$48,617/yr
Median age
23.6 years
Owner-occupied
28.9%
College grads
70.2%
Avg commute
19.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Ithaca?
Zillow rent index
$1,947/mo
Source: Zillow Research
What is it like to live in Ithaca?
Ithaca is a community of approximately 32K residents with a median age of 23.6 years.The median household income is $48,617, which represents a working-class community with solid middle-income opportunities. 70.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 28.9%, showing a blend of owner and renter-occupied properties. The average commute time is 19.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ithaca offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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.
Which cities are near Ithaca, NY?
Want a head-to-head view? Compare 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 Ithaca?
The median home sale price in Ithaca is $385,000, down 26.5% from last year.
How long do homes stay on market in Ithaca?
Homes typically spend 68 days on market before going under contract.
What is the median income in Ithaca?
The median household income is $48,617 per year.
Is Ithaca a buyer's or seller's market?
With 4.0 months of supply, Ithaca is currently a leaning buyer's.
What is the median condo price in Ithaca?
The median condo/co-op sale price in Ithaca, NY is $330,000, compared to $373,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ithaca?
The median single-family home price in Ithaca, NY is $373,000 (about $224 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Ithaca, NY
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Ithaca market alerts
Weekly updates on prices, inventory, and trends. Free forever.