Ithaca, NY Housing Market 2026: Median Home Price, Last 12 Months
What homes actually sell for in Ithaca: a median closing price of $397,500 across 154 closings Resideline tracked over the last 12 months, plus the full price spread.
If you invest in or around Ithaca, the number that matters is what homes actually close for, not what sellers are asking. Here is what Ithaca sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of August 2026.
The snapshot
- •Closings tracked, last 12 months: 154
- •Median sold price, last 12 months: $397,500
- •Median sold $/sqft, last 12 months: $218
- •Middle half of sales closed between: $295,000 and $505,000
What the numbers say
Resideline tracked 154 closed sales in Ithaca over the last 12 months, with a median closing price of $397,500. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $295,000 and $505,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 152 closings with usable living area, the middle half sold between $170 and $272 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Ithaca, NY (August 2026)
The median home price in Ithaca is $397,500, measured across the 154 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $295,000 and $505,000.
Where Ithaca sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Ithaca over the last 12 months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $295,000 and $505,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Listed to under contract: a median of 52 days, across 92 Ithaca closings Resideline tracked in the last 12 months
- •Contract to closing: a median of 38 days, across 72 Ithaca closings Resideline tracked in the last 12 months
The Ithaca angle
How much you can trust the Ithaca median depends on how much you ask of it. As a description of the center of closed sales it is exactly right. Keep an eye on which side of $397,500 those sales fall.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,508+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Ithaca address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Ithaca, NY
Data updated: August 2026
Analysis period: last 12 months
Tracked closings: 154
Median sold price: $397,500
Median sold $/sqft: $218 (152 qualifying)
https://resideline.com/blog/ithaca-ny-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Ithaca over the last 12 months, and is refreshed when the data is. The closings we track inside the city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 14% of the 154 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $387,000.
Frequently Asked Questions
What is the median home price in Ithaca?
The median sold price in Ithaca over the last 12 months is $397,500, measured across 154 closings Resideline tracked.
How many homes sold in Ithaca last month?
Resideline tracked 16 closed sales in Ithaca in July 2026, out of 154 closings tracked over the last 12 months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Ithaca?
The middle half of Ithaca sales over the last 12 months closed between $295,000 and $505,000, with a median of $397,500.
What is the typical price per square foot in Ithaca?
Among qualifying Ithaca closings Resideline tracked over the last 12 months, the median sold price per square foot was $218, measured across 152 sales with usable living area. Median is used rather than average because outliers distort the mean.
What does Ithaca's price spread mean for a comparative market analysis?
It means the comp selection carries most of the weight. A defensible analysis here filters the 154 tracked closings down to a matched set on type, size and condition, then states a range rather than a point.
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