Ithaca, NY Housing Market 2026: Median Home Price, Last 12 Months

In a market the size of Ithaca, individual sales move the needle. The figures below rest on 141 tracked closings over the last 12 months, so read them as the direction of the market rather than a precise price for any one street.

The snapshot

• •Closings tracked, last 12 months: 141
• •Median sold price, last 12 months: $389,000 (low-volume sample)
• •Median sold $/sqft, last 12 months: $221
• •Middle half of sales closed between: $295,000 and $505,000

What the numbers say

Resideline tracked 141 closed sales in Ithaca over the last 12 months, with a median closing price of $389,000. 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 140 closings with usable living area, the middle half sold between $172 and $274 per square foot.

Figures last updated October 3, 2026 from closings Resideline tracked.

Median home price in Ithaca, NY (October 2026)

The median home price in Ithaca is $389,000, measured across the 141 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 that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $295,000 and $505,000. Among the 47 New York markets with a published band, Ithaca's middle-half spread ($295,000 to $505,000) ranks 20th from the narrowest. 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 49 days, across 86 Ithaca closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 40 days, across 66 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. 141 closings is a modest sample, so the fix is available: filter on property type, then size, then condition, and rebuild the estimate from matched sales. Keep an eye on which side of $389,000 those sales fall. The upper half of the band is wider than the lower half, so a comp set that leans high pulls an estimate further than an equally mismatched set that leans low.

Ithaca market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Ithaca ZIP codes: 14850.

From market read to offer price

A thin market punishes generic pricing; the way to firm up a number here is the specific property and its handful of true comps. 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, rehab cost estimator, BRRRR 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. 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
Geography: incorporated municipality, Census place 3638077
Data updated: October 2026
Analysis period: last 12 months
Tracked closings: 141
Median sold price: $389,000
Median sold $/sqft: $221 (140 qualifying)
https://resideline.com/blog/ithaca-ny-housing-market

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<a href="https://resideline.com/blog/ithaca-ny-housing-market">
  <img src="https://resideline.com/images/embed/ithaca-ny.png" alt="Ithaca, NY home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/ithaca-ny-housing-market">Resideline Market Watch</a></p>

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. This is a low-volume sample: treat the statistics as directional rather than precise estimates of the entire local market.

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 within the Ithaca 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 16% of the 141 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $385,000. This is a low-volume market: the figures below rest on 141 closings within the Ithaca city limits, so treat the median as indicative rather than precise.