Metropolitan market · New York · June 2026 data

Ithaca Real Estate Market

As of June 2026, the median home listed in Ithaca, NY asks $425,950 — down 5.3% year over year. Homes sell in a median of 41 days, with 183 active listings and 10% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$425,950
▼ 5.3% YoY
Median $ / sq ft
$220
2,041 sq ft median
Median days on market
41
June 2026
Active listings
183
For sale now
New listings
84
June 2026
Listings with price cuts
10%
Share of active
Median sale price (closed)
$354,900
▼ 25.3% YoY · closed sales
Sale-to-list ratio
99.8%
Closed sales
Homes sold / month
53
Closed sales

Ithaca housing market statistics

The table summarizes Ithaca's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Ithaca, NY housing market at a glance — June 2026
MetricLatestDetail
Median listing price$425,950-5.3% YoY
Median price per sq ft$2202,041 sq ft median
Median days on market41-11% YoY
Active listings183+36% YoY
New listings this month84June 2026
Listings with a price cut10%Share of active
Median sale price (closed)$354,900-25.3% YoY
Sale-to-list ratio99.8%Closed sales
Gross rental yield4.9%2BR fair market rent

How have home prices changed in Ithaca?

Ithaca home prices are down 5.3% year over year and -4.3% month over month as of June 2026, at a $425,950 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$493K$466K$438K$411K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Ithaca NY · trailing 8 quarters · source: public records and industry data.

The 10-year view
$450K$405K$360K$314K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Ithaca NY · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Ithaca?

Ithaca has 183 active listings, 84 new this month, 253 pending as of June 2026. About 10% of active listings have cut their price, and inventory sits at 66% of its 2019 level — a seller-leaning market by pace.

Active listings
183
New this month
84
Pending
253
Price-reduced
18

Is Ithaca a good real estate investment?

Ithaca scores 67/100 on WealthyBud's composite Investor Score, ranking #144 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
67/100
#144 of 932 covered metros
12-month outlook
+1.0%
Flat · model output, not advice
Price volatility
Low
σ 4.6% · 20-yr price-index swings
Momentum
43
Value
62
Rental yield
81
Supply risk
30
Market heat
89

Ithaca scores 67/100 on our composite Investor Score (#144 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 49% over five years and +80% over ten, leaving prices 22% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,753/mo for a two-bedroom, the gross rental yield on the median listing is about 4.9%; active inventory sits at 66% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 5.3% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Ithaca ranks on the trending markets index.

How much is a monthly mortgage payment in Ithaca?

A home at Ithaca's $425,950 median listing runs about $2,138 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,920/mo
−$218/mo vs today
At today's rate · 6.43%
$2,138/mo
National weekly average
If rates rise 1% · 7.43%
$2,366/mo
+$228/mo vs today

Principal & interest on the $425,950 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Ithaca housing market?

Longer-run demand in Ithaca shows up in 431 homes permitted in 2025; net migration of -847 residents; -0.2% job growth. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
431
▲ 12.8% vs 2024
4.2 per 1,000 residents
Net migration (2022–2023)
-847
▼ people, via tax-return records
net income flow −$54.7M/yr
Job growth (YoY)
-0.2%
▼ 52.7k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Ithaca housing market FAQ

What is the median home price in Ithaca?
As of June 2026, the median listing price in Ithaca, NY is $425,950, down 5.3% year over year (source: public records and industry data). Figures cover the Ithaca, NY metro area.
How much does it cost to buy a home in Ithaca?
The median home listed in Ithaca asks $425,950 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,138 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Ithaca?
The median property in Ithaca spends 41 days on the market, with 183 homes actively listed and 10% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Ithaca?
With a median 41 days on market and 10% of active listings carrying a price cut, Ithaca reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Ithaca a good place to invest in real estate?
Ithaca scores 67/100 on WealthyBud's Investor Score, ranking #144 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Ithaca?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Ithaca and the wider New York market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Ithaca, NY metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.