Housing Prices in Ithaca, NY

How much do homes in Ithaca, NY cost?

Median List Price

$370,000

$188/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$122,000(+49.2%)

Key Takeaway

The list price of homes in Ithaca has increased by 49.2% since last year.

Summary: The median home list price in Ithaca was $370,000 in March 2024, up 49.2% from the previous year, and the median price per square foot was $188.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $189.9K-
N/A
2 $232.4K$282.4K
+21.5%
3 $139K$370K
+166.2%
4 $399K$347.4K
-12.9%
5+ $455K$429.9K
-5.5%

Summary: Ithaca housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 166.2%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 5.5%.

Housing Supply in Ithaca, NY

How many homes are available in Ithaca, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1112+9.1%

Summary: The Ithaca real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 42
-50.0%
4 22
0.0%
5+ 47
+75.0%

Summary: The Ithaca housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.

Days on Market for Ithaca, NY

How long does it take to sell a home in Ithaca, NY?

Average Listing Age

Mar 2023Mar 2024CHANGE
167 Days40 Days-75.9%

Summary: Homes in Ithaca had an average listing age of 40 days in Mar 2024, down by 75.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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