Foreclosure Homes in Ithaca, NY

Current Market Conditions in Ithaca, NY

Ithaca's real estate market has seen a steady increase in property values over the past year, driven primarily by demand from students and faculty from Cornell University. Homes near the university and downtown areas are especially sought after, making it a competitive market for buyers. However, there are varying price ranges depending on the neighborhood, providing options for different budgets.

Rent Prices In Ithaca, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ithaca, NY, is on a rollercoaster ride. The average rent price in Ithaca, NY, is $1,670.00. Indeed, when looking to rent in Ithaca, NY, you can expect to pay as little as $970.00 or as much as $4,110.00, with the average rent median estimated to be $1,650.00. The good news is that finding an affordable and desirable property to rent in Ithaca, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.