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Town of Caroline Town HallPhoto: Caroline Tompkins · CC BY-SA 4.0
Housing in Caroline

31 homes sold in Caroline in the last year, at a typical $344K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Caroline homes are listed.

Homes sold
31
June 2025 to May 2026
Typical sale price
$344K
median, weighted by sales
Price per square foot
$188
New York $434
Paid vs. asking
99.2%
35% sold over asking
For sale now
10
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 90% of Caroline’s sales, at a typical $362K

31 homes sold in the year to May 2026.

Houses$362K

typical sale · 28 sold in 12 months

Per square foot
$196NY $316
Days to sell
68
Sold over asking
39%
Listings with a price cut
22%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $277K

Too few sales in 12 months for reliable figures.

9 years of sales

About as many homes sell as usual, at twice the 2016 price

31 sales in the last year, against 35 in 2019 and a low of 20 in 2014. The typical sale went from $170K in 2016 to $344K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2014: 20 sold, typical $144K’142016: 32 sold, typical $170K2018: 28 sold, typical $197K’182019: 35 sold, typical $188K2020: 30 sold, typical $197K’202021: 26 sold, typical $272K2022: 28 sold, typical $289K’222024: 20 sold, typical $310K2025: 30 sold, typical $330K’25Last 12 months: 31 sold, typical $344KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Caroline

Houseat $196 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Caroline homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 9 years of sales

Bidding wars in Caroline are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Caroline’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 31 sales.

If you’re buying in Caroline

  • Shop in March. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
  • Bid near asking. Buyers paid 99.2% of the list price on average; 35% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

March has the most new listings (about 5 a month), but May is the most competitive: 43% of May sales close over asking. March has the least competition (0%).

New listings a monthShare sold over asking
01.32.53.8520%40%60%Sweet spotJan: 1 new listings a month, 20% sold over asking, 163 days to sellJFeb: 2 new listings a month, 14% sold over asking, 125 days to sellFMar: 5 new listings a month, 0% sold over asking, 187 days to sellMApr: 4 new listings a month, 27% sold over asking, 131 days to sellAMay: 3 new listings a month, 43% sold over asking, 106 days to sellMJun: 4 new listings a month, 33% sold over asking, 97 days to sellJJul: 4 new listings a month, 22% sold over asking, 96 days to sellJAug: 3 new listings a month, 34% sold over asking, 96 days to sellASep: 2 new listings a month, 37% sold over asking, 115 days to sellSOct: 4 new listings a month, 22% sold over asking, 119 days to sellONov: 1 new listings a month, 22% sold over asking, 135 days to sellNDec: 1 new listings a month, 12% sold over asking, 152 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than New York

Caroline now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price35%16%27%41%
Gone within two weeksShare of homes under contract within 14 days53%0%0%26%
Listings with a price cutShare of homes for sale that cut their price20%——20%
Price paid vs. askingAverage sale price ÷ list price99.2%97.4%100.3%101%
Days to sellMedian days from listing to contract7313813241
Supply

11 homes for sale on a typical day

That’s twice the 2024 low (6), 36% fewer than in 2017–19 and well under 2018’s 19.

2014: 12 for sale’142016: 15 for sale2018: 19 for sale2019: 18 for sale’192020: 14 for sale2021: 7 for sale2022: 7 for sale’222024: 6 for sale2025: 10 for saleLast 12 months: 11 for saleNow
Room to negotiate

1 in 5 listings has cut its price

20% in the last year, against — in 2017–19 and 20% across New York.

2022: 18%’222024: 31%2025: 22%Last 12 months: 20%Now

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Caroline home costs about $2,493 a month

Mortgage
Property tax
Insurance
Rent

Price: Caroline’s typical sale, last 12 months. Property tax at Caroline’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Caroline is affordable on local pay is on Cost of living.

Before you buy in Caroline

Six things worth knowing

5

New listings in March

The month with the most choice. January has the fewest, about 1.

Best time to buy
2.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $344K home, about $8,380 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Caroline, from test results, graduation and how much students grow.

Schools in Caroline
21 min

Typical commute

The average one-way trip to work for people who live in Caroline.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Dryden sells for less a square foot; East Ithaca for far more

The busier markets within 25 miles of Caroline, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Ithaca121$403K$21725%68
South Hill34$452K$20229%61
Caroline31$344K$18835%73
Danby28$315K$18532%57
Dryden28$276K$16732%56
Northeast Ithaca25$497K$20732%63
East Ithaca24$418K$23521%83

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Caroline, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Caroline. People who follow the town see it, and so do people comparing Caroline with their own town. No commission, no listing fee.

Questions about buying a home in Caroline

What do homes sell for in Caroline, NY?

31 homes sold in the year to May 2026 at a typical $344K, $188 a square foot.

Is Caroline a buyer’s or seller’s market?

A seller’s market: 10 homes were for sale in May 2026 and 3 sold, about 3.3 months of supply. Buyers paid 99.2% of asking on average, and 20% of listings cut their price.

When is the best time to buy in Caroline?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Caroline?

About 2.4% of a home’s value a year. On a $344K home that’s near $8,380.

Where can I see homes for sale in Caroline?

Zillow, Redfin, Realtor.com and Homes.com all carry Caroline’s MLS listings; the search links above open each one filtered to Caroline.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).