Ithaca, NY

Full City Profile · New York · Tompkins County County

3.0 /5.0
B Good
31,792 Population 5,898/sq mi density
$48,617 Median Income $32,133 per capita
$330,100 Home Value $287,579 Zillow
$1,441 Median Rent 43.8% income on rent
46°F Avg Temperature
205 Violent Crime/100K 3,326 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$48,617 median income, 7.1% unemployment
C+
Affordability
2.8 / 5.0
$330,100 home value, $1,441/mo rent
F
Safety
1.0 / 5.0
205 violent crimes/100K
A+
Education
5.0 / 5.0
70.2% bachelor's degree or higher

Housing Overview

Median Home Value
$330,100
17% above
US avg: $281,900
Median Rent
$1,441/mo
24% above
US avg: $1,163/mo
Homeownership Rate
28.9%
56% below US avg (65.4%)
Total Housing Units
14,918
Median year built: 1962

Home Value by Source

Census Median
$330,100
Zillow (ZHVI)
$287,579
Redfin Median Sale
$530,000
Median Sale Price
$530,000
Median List Price
$367,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

28.9%
Owner-Occupied
71.1%
Renter-Occupied
29%
71%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $1,441/mo · Zillow rent: $2,008/mo

Market Indicators (Redfin)

Median Sale Price
$530,000
Median Days on Market
17 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$157
Active Inventory
30
homes for sale

Affordability & Housing Stock

Rent Burden
43.8%
of renters spending 30%+ of income on housing
41% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
28.9%

Complete Housing Data

Home Values

Census Median Value$330,100
Zillow Home Value (ZHVI)$287,579
Redfin Median Sale$530,000
Median Sale Price$530,000
Median List Price$367,000
Price Per Sq Ft$157

Rent

Census Median Rent$1,441
Zillow Rent (ZORI)$2,008
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market17
Sale-to-List Ratio1.0%
Price Drops10.0%
Homes Sold3
Active Inventory30
Price Per Sq Ft$157

Ownership & Stock

Owner-Occupied28.9%
Renter-Occupied71.1%
Homeownership Rate28.9%
Total Housing Units14,918
Median Year Built1962
Rent Burden43.8%