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Foreclosures in Ithaca, NY 14850

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Ithaca, NY Foreclosures

Current Market Conditions in in Ithaca, NY As of April 2026?
Over the past month, the Ithaca real estate market has experienced a notable shift, with an increase in average home prices by approximately 3% as competition remains high. Market activity is robust, driven by families looking for stable long-term homes and investors seeking rental opportunities. However, inventory remains relatively low, prompting urgency among buyers to act quickly, especially for well-located properties in desirable school districts. With the school season starting, many buyers are motivated to complete transactions before the winter months.
How much do homes sell for in Ithaca, NY?
The average home price is currently $500,277.
In Ithaca, NY, how many homes are available?
There are currently 1 active home listings available in Ithaca.
What’s the average rental cost in Ithaca, NY?
The average rental price in Ithaca is $1,670.
What is the most expensive home in Ithaca?
The most expensive home sold in Ithaca had a price of $99,387,792.
What is currently the cheapest priced home in Ithaca, NY?
The cheapest home for sale in Ithaca is priced at $10,751.

Living in Ithaca, NY

Ithaca, NY, is a vibrant college town known for its stunning natural beauty and welcoming community atmosphere. With plenty of parks, lakes, and outdoor activities, residents enjoy a high quality of life. The city's cultural offerings, driven by Cornell University, include arts, cuisine, and education.

Buyer vs Seller Market in Ithaca, NY

Ithaca's real estate market is currently trending upwards, with a growing demand for both residential and rental properties. The influx of students and faculty associated with Cornell and Ithaca College continues to drive housing demand, leading to a competitive market.

The inventory of homes for sale has seen a slight decline, while prices have increased due to limited supply and sustained demand. New developments and renovations are underway, which may help alleviate some pressure in the market. Buyers are typically seeing bidding wars and homes selling above asking price.

Home Value Estimator For Ithaca, NY

There are currently 15,226 real estate properties in Ithaca, NY, with a median automated valuation model (AVM) price of $407,184.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ithaca, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ithaca, NY, is $500,277.00, with the most expensive house in Ithaca, NY, topping out at $99,387,792.00 and the cheapest home in Ithaca, NY, clocking in at $10,751.00. In other words, there’s something for every potential homebuyer or savvy investor in Ithaca, NY!

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.

Ithaca, NY 14850 Foreclosures

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