Housing Prices in Ithaca, NY

How much do homes in Ithaca, NY cost?

Median List Price

$370,000

$191/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$136,500(+58.5%)

Key Takeaway

The list price of homes in Ithaca has increased by 58.5% since last year.

Summary: The median home list price in Ithaca was $370,000 in February 2024, up 58.5% from the previous year, and the median price per square foot was $191.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $189.9K-
N/A
2 $219K$282.4K
+29.0%
3 $139K$370K
+166.2%
4 $399K$535K
+34.1%
5+ $455K$422.4K
-7.2%

Summary: Ithaca housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 166.2%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes decreased by 7.2%.

Housing Supply in Ithaca, NY

How many homes are available in Ithaca, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
510+100.0%

Summary: The Ithaca real estate market had 10 homes for sale in February 2024, a 100.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 13
+200.0%
4 22
0.0%
5+ 14
+300.0%

Summary: The Ithaca housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.

Days on Market for Ithaca, NY

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

Average Listing Age

Feb 2023Feb 2024CHANGE
167 Days51 Days-69.0%

Summary: Homes in Ithaca had an average listing age of 51 days in Feb 2024, down by 69% compared to the previous year.

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

Report Updated 3 Days Ago

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