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Preforeclosure Homes in Ithaca, NY

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Ithaca, NY Foreclosures

Current Market Conditions in in Ithaca, NY As of March 2026?
In the past month, Ithaca's real estate market has seen a slight uptick in sales, attributed to the start of the academic year bringing new investors and families into the area. Houses are moving faster, and properties listed under $300,000 have experienced multiple offers, indicating a competitive environment. As students return and supply decreases, prices in certain neighborhoods are climbing, reflecting a high demand among renters and buyers alike.
How much do homes sell for in Ithaca, NY?
The average home price is currently $501,010.
In Ithaca, NY, how many homes are available?
There are currently 11 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 $99,180,696.
What is currently the cheapest priced home in Ithaca, NY?
The cheapest home for sale in Ithaca is priced at $10,729.

Living in Ithaca, NY

Ithaca, NY is a picturesque college town famous for its beautiful landscapes, vibrant community life, and rich educational resources. The presence of Cornell University and Ithaca College injects a youthful energy into the area, offering a blend of cultural and recreational activities. With its breathtaking natural scenery and charming downtown, Ithaca is ideal for nature lovers and those seeking a dynamic community.

Buyer vs Seller Market in Ithaca, NY

The Ithaca real estate market has shown stability over the past year, fueled by a strong demand for housing driven by the student population and academic professionals. The rental market remains competitive, particularly in areas close to local universities, pushing property values upward.

As remote work becomes more common, more buyers are looking to Ithaca for its affordable housing options and quality of life. This trend has led to increased interest in suburban and rural properties in the area.

Home Value Estimator For Ithaca, NY

There are currently 15,225 real estate properties in Ithaca, NY, with a median automated valuation model (AVM) price of $407,496.00. 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 $501,010.00, with the most expensive house in Ithaca, NY, topping out at $99,180,696.00 and the cheapest home in Ithaca, NY, clocking in at $10,729.00. 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 Preforeclosure Homes


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