Ithaca, NY Real Estate Market 2026

Investor-grade market analytics for Ithaca, New York. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$357,282

+4.1% year-over-year

Est. Rental Yield

6.4%

gross annual

12-Month Forecast

-5.9%

base case (Zillow ZHVF)

-5.9% year-over-year

Market Momentum

➡️
Neutral
4.9mo supply · Score 0/7

Migration: Top 94% nationally

Income Migration

➡️ Neutral0.96x

In-migrants avg $65,491 AGI vs out-migrants $67,936

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Opportunity Zone Market

1 ZIP codes in Ithaca are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Ithaca Market Summary

Ithaca, NY shows steady growth at 4.1% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 4.89x, above the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 6.36% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score73/100
Price-to-Income Ratio4.9x (national avg 4.8x)
Median Household Income$73,012

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-8.8%
Base Case-5.9%
Bull Case-2.9%

Climate & Natural Hazard Risk

Ithaca, NY's primary climate exposure is flooding (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Ithaca dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.