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Ithaca, NY Properties

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Find, analyze, and compare Ithaca, NY investment properties, including off-market opportunities and residential homes with value-add potential. Ithaca offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout New York. Explore housing market trends in Ithaca, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Ithaca, NY for your real estate goals.

In Ithaca, the median property value currently stands at $352,783, reflecting a 10.02% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $505,616 (a 0.01% gain). The housing market includes a total of 16,070 houses.The median home in Ithaca has 2,030 square feet of living space, priced at a median of $186 per square foot with a median year built of 1959. For long-term rental properties in Ithaca, the median annual gross rental income is $31,200 (or $2,600/month) with estimated operating expenses of $14,421, resulting in an approximate gross cap rate of 4.51%.

Property Intel by Whitepages helps investors and homeowners explore the Ithaca area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Ithaca, NY.

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Housing Market Trends & Statistics for Ithaca, New York

Median Property Value
$352,783
Total number of Properties
16,070
Median Living Space
2,030 sq ft
Median Year Built
1959 (66 years)
5-Year Appreciation Forecast
$505,616
Median Lot Size
24,668 sq ft
Average Ownership
1 year 1 month
for Ithaca, NY
  • Est. Rental Income
    $31,200 ($2,600 per month)
  • Net Operating Income
    $16,779 ($1,398 per month)
  • Cap Rate
    4.51%

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