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Cheap Homes in Ithaca, NY

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Ithaca, NY Foreclosures

How much do homes sell for in Ithaca, NY?
The average home price is currently $513,670.
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 $103,760,392.
What is currently the cheapest priced home in Ithaca, NY?
The cheapest home for sale in Ithaca is priced at $11,224.

Living in Ithaca, NY

Ithaca, NY, is a charming city with a strong sense of community, a diverse range of activities, and beautiful natural surroundings. It’s known for its excellent educational institutions and progressive atmosphere. The presence of two major colleges contributes to a variety of cultural events, outdoor activities, and a warm, welcoming ambiance.

Current Market Conditions in Ithaca, NY

The Ithaca real estate market has become increasingly competitive over the past year due to its desirable location near top universities and natural beauty. Homes in Ithaca are often sold quickly, with many listings receiving multiple offers. As more people seek to move to this vibrant community, the demand for housing continues to rise.

Home Value Estimator For Ithaca, NY

There are currently 14,736 real estate properties in Ithaca, NY, with a median automated valuation model (AVM) price of $419,462.00. 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 $513,670.00, with the most expensive house in Ithaca, NY, topping out at $103,760,392.00 and the cheapest home in Ithaca, NY, clocking in at $11,224.00. 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.

Cheap Homes in Ithaca, NY

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