Photo: Kenneth C. Zirkel · CC BY-SA 4.0121 homes sold in Ithaca in the last year, at a typical $403K
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 Ithaca homes are listed.
Every place Ithaca homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Ithaca.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 76% of Ithaca’s sales, at a typical $404K
121 homes sold in the year to May 2026.
typical sale · 92 sold in 12 months
- Per square foot
- $239NY $316
- Days to sell
- 61
- Sold over asking
- 27%
- Listings with a price cut
- 26%
Multi-family (2–4 units): 28 sold, typical $401K
Condos: 1 sold, typical $404K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.7 times the 2016 price
121 sales in the last year, against 190 in 2021 and a low of 112 in 2015. The typical sale went from $233K in 2016 to $403K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Ithaca
Check a listing against what Ithaca 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.
Bidding wars in Ithaca are rarer than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Ithaca’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, 121 sales.
If you’re buying in Ithaca
- Shop in March. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
- Bid near asking. Buyers paid 98.8% of the list price on average; 25% paid over.
- You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 68 days.
Spring brings the homes; summer brings the bidding wars
March has the most new listings (about 21 a month), but July is the most competitive: 51% of July sales close over asking. November has the least competition (31%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than New York
| Ithaca now | 2017–19 | 2021 peak | NY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 33% | 48% | 41% |
| Gone within two weeksShare of homes under contract within 14 days | 44% | 0% | 1% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | — | — | 20% |
| Price paid vs. askingAverage sale price ÷ list price | 98.8% | 99.1% | 103.1% | 101% |
| Days to sellMedian days from listing to contract | 68 | 98 | 94 | 41 |
33 homes for sale on a typical day
That’s 1.2 times the 2024 low (27), 23% fewer than in 2017–19 and well under 2021’s 63.
1 in 4 listings has cut its price
23% in the last year, against — in 2017–19 and 20% across New York.
Ithaca ranks 338th of 362 busy New York markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Ithaca is one of the state’s calmer markets.
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.
Owning the typical Ithaca home costs about $2,974 a month
Price: Ithaca’s typical sale, last 12 months. Property tax at Ithaca’s 2.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Ithaca is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $403K home, about $10,460 a year.
Taxes vs. neighborsSchools
The schools grade for Ithaca, from test results, graduation and how much students grow.
Schools in IthacaCheck 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 hazardsLook 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.
South Hill, Northeast Ithaca and Dryden sell for less a square foot
The busier markets within 25 miles of Ithaca, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Ithaca | 121 | $403K | $217 | 25% | 68 |
| Ulysses | 55 | $333K | $213 | 36% | 49 |
| South Hill | 34 | $452K | $202 | 29% | 61 |
| Cayuga Heights | 31 | $652K | $247 | 29% | 75 |
| Dryden | 28 | $276K | $167 | 32% | 56 |
| Northeast Ithaca | 25 | $497K | $207 | 32% | 63 |
| East Ithaca | 24 | $418K | $235 | 21% | 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.
Post your home to Ithaca, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Ithaca. People who follow the town see it, and so do people comparing Ithaca with their own town. No commission, no listing fee.
Questions about buying a home in Ithaca
What do homes sell for in Ithaca, NY?
121 homes sold in the year to May 2026 at a typical $403K, $217 a square foot.
Is Ithaca a buyer’s or seller’s market?
A balanced market: 44 homes were for sale in May 2026 and 11 sold, about 4 months of supply. Buyers paid 98.8% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Ithaca?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Ithaca?
About 2.6% of a home’s value a year. On a $403K home that’s near $10,460.
Where can I see homes for sale in Ithaca?
Zillow, Redfin, Realtor.com and Homes.com all carry Ithaca’s MLS listings; the search links above open each one filtered to Ithaca.
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).