A typical Ithaca home is worth roughly $229,000
Home prices around Ithaca have risen about 71% over the past 5 years. Builders were permitted 3 new homes in 2025.
What kind of housing town is Ithaca?
Read from the numbers below. The page puts what stands out first.
Home prices up 71% in 5 years
The federal house price index for the ZIP codes around Ithaca rose 71% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 25%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Ithaca, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 2.4 years of income
Less than across Wisconsin (4.4 years). Try your own numbers below.
That covers a typical Ithaca home, with $117K to spare.
A two-bedroom rents for about $1,010 a month here, $470 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ithaca’s typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,010
Renters already here pay a median of $883, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Richland County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Ithaca in 2025, all single-family houses, worth about $1.1 million to build. Over the past 10 years, Ithaca has permitted 20 homes in all.
Between the 2010 and 2020 censuses, Ithaca gained 14 residents while 16 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Wisconsin: 1.3 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $1.1 million |
| 2025 | 3 | 3 | 0 | $1.1 million |
| 2024 | 1 | 1 | 0 | $400,000 |
| 2023 | 3 | 3 | 0 | $1.2 million |
| 2022 | 1 | 1 | 0 | $400,000 |
| 2021 | 3 | 3 | 0 | $855,000 |
| 2020 | 2 | 2 | 0 | $557,000 |
| 2019 | 1 | 1 | 0 | $88,000 |
| 2018 | 1 | 1 | 0 | $88,000 |
| 2017 | 1 | 1 | 0 | $88,000 |
| 2016 | 4 | 4 | 0 | $622,000 |
| 2015 | 2 | 2 | 0 | $699,000 |
| 2014 | 1 | 1 | 0 | $300,000 |
| 2013 | 2 | 2 | 0 | $580,000 |
| 2012 | 1 | 1 | 0 | $200,000 |
| 2011 | 1 | 1 | 0 | $175,000 |
| 2010 | 2 | 2 | 0 | $96,000 |
| 2009 | 1 | 1 | 0 | $154,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 3 | 3 | 0 | $532,000 |
| 2006 | 4 | 4 | 0 | $709,000 |
| 2005 | 5 | 5 | 0 | $690,000 |
| 2004 | 4 | 4 | 0 | $544,000 |
| 2003 | 5 | 5 | 0 | $682,000 |
| 2002 | 2 | 2 | 0 | $150,000 |
| 2001 | 3 | 3 | 0 | $400,000 |
| 2000 | 4 | 4 | 0 | $650,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
86% of Ithaca households own their home
Half of Ithaca’s homes were built before 1974.
Wisconsin: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Ithaca vs. its neighbors
Ithaca is the 2nd least expensive of 4 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 |
|---|---|---|---|---|---|
| Ithaca | $229K* | +25.3%† | $1,010 | 3 | $96,080 |
| Bear Creek | $348K* | — | $1,110 | — | $78,594 |
| Richland | $264K* | +25.4%† | $970 | — | $94,167 |
| Buena Vista | $195K* | — | $990 | — | $73,281 |
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 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. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits 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.