Housing · Ithaca

Ithaca, MI housing market

The typical Ithaca home is worth about $199,000, up 8.2% in a year, 25% below the Michigan typical home.

Home values, sales, trends and how Ithaca compares with the towns next door — updated as new data is published.

The market right now

Ithaca at a glance

Typical home value
$199K
▲ 8.2% in a year · Zillow
Median sale price
$82K
May 2026 · Redfin
Homes sold
2
in May · 11 for sale

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

IthacaMichigan
$100K$150K$200K$250K$300K 20182020202220242026 Ithaca $199K Michigan $266K
Show as a table
JanuaryIthacaMichigan
2017$121,000$144,000
2018$128,000$155,000
2019$129,000$165,000
2020$141,000$175,000
2021$157,000$194,000
2022$183,000$217,000
2023$180,000$230,000
2024$175,000$241,000
2025$179,000$253,000
2026$199,000$262,000
August 2026$199,000$266,000
Affordability

3.1 years of income

The typical Ithaca home costs about 3.1 years of the town's median household income, less than across Michigan (3.7 years).

How Ithaca ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
72.3%
Michigan: 73.2%
Median tax bill
$1,975
Michigan: $2,904
Median rent
$819
Michigan: $1,129
Typical home built
1958
Michigan: 1972

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Ithaca

Michigan · MI
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01