Ithaca, NY Real Estate Market 2026

Investor-grade market analytics for Ithaca, New York. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$355,501

+3.8% year-over-year

Est. Rental Yield

6.5%

gross annual

12-Month Forecast

+3.7%

base case (Zillow ZHVF)

+3.7% year-over-year

Climate Risk

25/100

Low

Market Momentum

➡️
Neutral
4.9mo supply · Score 0/7

Net migration: Bottom 6% 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 3.8% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 4.87x, above the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 6.52% 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+1.9%
Base Case+3.7%
Bull Case+5.6%

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.