44Alpha

Ithaca, NY metro area Housing Market Brief

metro · as of July 2026

Balanced

What is Ithaca, NY metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
54
Inventory Health25%
29
Affordability20%
37
Economic Strength20%No data
50
Rental Yield15%
56

Where is Ithaca, NY metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Ithaca, NY metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Ithaca, NY metro area?

Our model forecasts Ithaca, NY metro area’s home prices to rise about 10.8% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Ithaca, NY metro area housing market data

MetricValueYoY
Median Sale Price$355K-25.3%
Median Days on Market57 days▲ +11.8%
Months of Supply4.9▲ +75%
Homes for Sale262▲ +29.7%
Homes Sold53-25.3%
Median Price / Sq Ft$201-7.9%

How has Ithaca, NY metro area’s Alpha Score moved?

Now: 44
12-period trend
Median sale price · 12 mo

Markets like Ithaca, NY metro area

Frequently asked questions

Is Ithaca, NY metro area a buyer's or seller's market?

As of July 2026, Ithaca, NY metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Ithaca, NY metro area?

The median sale price in Ithaca, NY metro area is $355K, having fallen 25.3% over the past year.

How affordable is Ithaca, NY metro area?

Ithaca, NY metro area scores 37 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Ithaca, NY metro area's Alpha Score?

Ithaca, NY metro area's strongest dimension is Rental Yield (56/100) and its weakest is Inventory Health (29/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Ithaca, NY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.