A typical Northeast Ithaca home is worth roughly $499,000
The median sale price was $499,000 in May 2026.
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Northeast Ithaca?
Read from the numbers below. The page puts what stands out first.
A typical home costs 5.2 years of income
More than across New York (4.9 years). Try your own numbers below.
That’s $182K short of a typical Northeast Ithaca home.
A two-bedroom rents for about $1,890 a month here, $1,600 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Northeast Ithaca’s typical property tax (2.12% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 56% in 5 years
The federal house price index for the ZIP code around Northeast Ithaca rose 56% over the past 5 years, faster than across New York (52%). Last year prices rose 5.9%. Carrying the Census median home value forward with that index puts the typical Northeast Ithaca home at roughly $499,000 today.
Carrying the Census median forward with the index puts a typical home at about $499K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Northeast Ithaca, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,890
Renters already here pay a median of $1,738.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Ithaca, NY MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
57% of Northeast Ithaca households own their home
Half of Northeast Ithaca’s homes were built before 1969.
New York: 54% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Northeast Ithaca vs. its neighbors
Northeast Ithaca is the 2nd priciest of 6 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Northeast Ithaca | $499K* | +5.9%† | $1,890 | — | $95,250 |
| Ithaca | $369K* | +5.9%† | $1,890 | 7 | $105,978 |
| Cayuga Heights | $433K* | +5.9%† | $1,890 | 0 | $166,526 |
| Lansing | $517K* | +5.9%† | $1,890 | 2 | $72,364 |
| Lansing | $346K* | — | $1,710 | 37 | $86,342 |
| Dryden | $243K* | +9.6%† | $1,630 | 81 | $81,127 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Northeast Ithaca buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.