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Ithaca, NY Multifamily Homes & Duplexes for Sale

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  • /40

    $1,500,000

    $70K PRICE DROP
    • 6 Beds
    • 8,902 Sq Ft

    116 - 118 Ferris Place Unit 18, Ithaca City, NY 14850

    Just off State Street, a few blocks south of Collegetown Center and just up the hill from the Commons, this large 24-bedroom building is nestled along the gorges and preserves. It’s just above the Six Mile Creek Preserve, and the footbridge over the creek is just a few hundred feet down the street. Out the back windows, it’s all beautiful greenery and shade. A large duplex building, it is divided

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    116 - 118 Ferris Place Unit 18, Ithaca City, NY 14850
  • /7

    $390,000

    $10K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 1,678 Sq Ft

    115 Prospect St, Ithaca, NY 14850

    Ideally located near SouthWorks, the South Hill Recreation Way, and downtown Ithaca, this property offers convenient access to restaurants, shops, the library, and many of the amenities that make Ithaca such a desirable place to live. Available as a standalone purchase or together with two adjoining properties, the offering presents opportunities for investors, owner-occupants, or those

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    115 Prospect St, Ithaca, NY 14850
  • /50

    $1,350,000

    • 13 Beds
    • 5 Baths
    • 5,954 Sq Ft

    408 Hillview Place, Ithaca, NY 14850

    Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms. The property provides ample

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    408 Hillview Place, Ithaca, NY 14850
  • /14

    $374,400

    • 5 Beds
    • 2.5 Baths
    • 1,911 Sq Ft

    506 S Cayuga St, Ithaca, NY 14850

    South Hill duplex for less than the assessment? Yes! The cute cape has a main upper unit that on paper has 3 bedrooms, but lives like 4, and a 2-bedroom lower unit. Separate utilities make lanlording that much easier. Recent room with architectural shingles, and hardwood floors inside will add to your pride of ownership. Close to South Hill schools, the South Hill trail, and on a quieter traffic

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    506 S Cayuga St, Ithaca, NY 14850
  • /15

    $375,000

    • 6 Beds
    • 2.5 Baths
    • 2,169 Sq Ft

    124 Sears St, Ithaca, NY 14850

    A rare opportunity to own in Ithaca’s sought-after Fall Creek neighborhood. This well-maintained property offers hardwood floors, strong rental appeal, and a convenient location within walking distance of Gimmee! Coffee, downtown Ithaca, the Commons, Ithaca Falls, and many other local favorites. Situated on a quiet, low-traffic street, the property benefits from the charm and character that make

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    124 Sears St, Ithaca, NY 14850
  • /6

    $420,000

    $12K PRICE DROP
    • 6 Beds
    • 2.5 Baths
    • 2,298 Sq Ft

    116 3rd St Unit 18, Ithaca, NY 14850

    Downtown Ithaca duplex with strong location appeal. Charming curb appeal too. Within walking distance of the Farmers Market, Cayuga Lake, Stewart Park, local dining, shopping, and nearby medical facilities, this well-maintained property offers convenience for tenants and owners alike. Regular updates throughout the interior help make this a turnkey investment opportunity. Walk to Red Feet, or out

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    116 3rd St Unit 18, Ithaca, NY 14850
  • /37

    $322,000

    • 5 Beds
    • 3 Baths
    • 2,032 Sq Ft

    972 Dryden Rd, Ithaca, NY 14850

    Great Rental property OR an owner-occupied with income. Main house offers 4 bedrooms (all upstairs), 2 full baths (one on each floor), main level laundry, eat-in kitchen, and large living room with original beamed ceiling. Most recently rented to 3 quality tenants @ $725/mo per bedroom (totaling $2,225 annually) including utilities. Two tenants remain thru 7/31/26. The adjacent single-story

    Agent Photo

    Kristin Ahlness

    Howard Hanna S Tier Inc

    972 Dryden Rd, Ithaca, NY 14850
  • /20

    $480,000

    • 8 Beds
    • 4 Baths
    • 3,305 Sq Ft

    702 N Aurora St, Ithaca, NY 14850

    A spacious corner lot with off-street parking in tree-lined Fall Creek is the setting for this lovely 3-unit home with leaded glass windows adorning the stairway. Each unit has its own level, and the first-floor apartment boasts two bathrooms and has a front and back entry. Many of the rooms and common areas are graced with hardwood. Laundry is on the second floor, accessible to all. Close enough

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    702 N Aurora St, Ithaca, NY 14850
  • /39

    $1,500,000

    $100K PRICE DROP
    • 11 Beds
    • 4 Baths
    • 4,656 Sq Ft

    212 Linden Ave, Ithaca, NY 14850

    Collegetown, parallel to College Ave, Linden is zoned CR4 and nearby neighbors on both sides have completed or started 5 story buildings as allowed by this zoning type. This property has 4 units with radiant heat in the floor. Comfortable porch leads to the main door and all units. You must drive by this one and see the neighborhood if this property interests you. Even if you don't want to build

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    212 Linden Ave, Ithaca, NY 14850
  • /37

    $335,000

    • 3 Beds
    • 2 Baths
    • 1,428 Sq Ft

    512 W Seneca St, Ithaca, NY 14850

    Come take a look at this well-maintained two-unit in downtown Ithaca. Upstairs you'll find a cozy one-bedroom, one-bath, and downstairs a spacious two-bedroom, one-bath — each unit with beautiful hardwood floors and great natural light. Both units share laundry and enjoy access to a private backyard complete with a raised bed garden area and plenty of space for hanging out with friends and

    Agent Photo

    Melissa Shames

    Howard Hanna S Tier Inc

    512 W Seneca St, Ithaca, NY 14850
  • /19

    $350,000

    • 6 Beds
    • 4 Baths
    • 2,000 Sq Ft

    634 Spencer Rd, Ithaca, NY 14850

    Well-maintained duplex offering a fantastic investment or owner-occupant opportunity in the City of Ithaca. This newer-construction property features updated heating systems and hot water heaters, providing low-maintenance ownership and peace of mind. Each unit offers three floors of living space with flexible layouts that can accommodate a variety of living arrangements, home office needs, or

    Hallie Magden Howard Hanna S Tier Inc

    634 Spencer Rd, Ithaca, NY 14850
  • /26

    $499,000

    $20K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 2,682 Sq Ft

    419 N Albany St, Ithaca, NY 14850

    Investment Opportunity! Well-maintained duplex in the heart of downtown Ithaca, offering 2 spacious 3-bedroom units and valuable off-street parking. Entire house was gutted in 1984 and remodeled including all plumbing and electric. Only 1 mile to Cornell, 1⁄2 mi to The Commons and the Farmers Market on Cayuga Lake. Both units are currently rented at $2100 and $1900/month (a bit under market).

    Jer Yuan Wansink Howard Hanna S Tier Inc

    419 N Albany St, Ithaca, NY 14850
  • /50

    $675,000

    $50K PRICE DROP
    • 8 Beds
    • 4 Baths
    • 4,855 Sq Ft

    303 Wyckoff Ave Unit 5, Ithaca, NY 14850

    Massive side-by-side duplex with unrivaled proximity to Cornell University campus. This 8 bedroom 4,800+ sq ft building marks a rare opportunity to acquire multi-unit property in the Cornell Heights neighborhood. Large room sizes and grandiose layouts make each unit well suited for continuous rental and value-add opportunities. Or, live on one side and rent the other! Two separate driveways for

    David Barken Howard Hanna S Tier Inc

    303 Wyckoff Ave Unit 5, Ithaca, NY 14850
  • /45

    $395,000

    $4K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 2,110 Sq Ft

    134 Poole Rd, Ithaca, NY 14850

    This unique duplex offers an extraordinary opportunity for both homeowners and or investors. Situated in a desirable location where its grandfathered property use sets it apart, this property boasts two side-by-side units, each thoughtfully designed to provide comfort and convenience. Each unit features two bedrooms, one and a half bathrooms, its own laundry facilities, a private back balcony,

    Chelsey Smith RE/MAX In Motion

    134 Poole Rd, Ithaca, NY 14850
  • /46

    $525,000

    • 4 Beds
    • 3 Baths
    • 1,704 Sq Ft

    202 Lake St, Ithaca, NY 14850

    Well-maintained 3-unit property that has been thoughtfully cared for and successfully operated as a rental. The building is in good condition with a strong rental history, offering a solid opportunity for investors seeking stable income. Each unit has been well maintained, allowing for continued rental use with minimal immediate work required. The property includes a washer and dryer located in

    Isaac Kain Berkshire Hathaway HomeServices Heritage Realty

    202 Lake St, Ithaca, NY 14850
  • /34

    $549,000

    $26K PRICE DROP
    • 8 Beds
    • 4 Baths
    • 4,210 Sq Ft

    525 W Green St, Ithaca, NY 14850

    Great income generator with annual revenue of $66,000! Ideally located in the heart of downtown Ithaca. This well-maintained four-unit property offers a rare opportunity to enjoy true walkable city living while generating consistent rental income. Just steps from the Route 13 shopping corridor, restaurants, shops, and cultural attractions, the location is truly unbeatable.Numerous updates

    Jer Yuan Wansink Howard Hanna S Tier Inc

    525 W Green St, Ithaca, NY 14850
  • /43

    $395,000

    • 5 Beds
    • 4 Baths
    • 2,964 Sq Ft

    580 W King Rd, Ithaca, NY 14850

    A multi use rental with self sufficient basement's on both sides offers a practical and flexible layout for rental income, with good separation between units. ideal for investors, owner-occupants who want to live in one side while renting the other, or multi-generational setups. Situated in a tranquil South Hill area. The home provides a peaceful residential feel while remaining close to Ithaca

    Rebecca Driscoll Warren Real Estate of Ithaca Inc. (Downtown)

    580 W King Rd, Ithaca, NY 14850
  • /19

    $1,750,000

    $135K PRICE DROP
    • 6 Beds
    • 9,012 Sq Ft

    109 N Cayuga St, Ithaca, NY 14850

    Well-maintained historic asset in the heart of the Ithaca Commons, situated on the downtown Historic Super Block. All floors have been fully renovated, and the entire building is protected by a sprinkler system. The main floor is occupied by a long-standing community institution that has served Ithaca for 53 years. Revenue streams are diversified across residential and commercial uses.

    Zoe Leonard Howard Hanna S Tier Inc

    109 N Cayuga St, Ithaca, NY 14850
  • /38

    $575,000

    $50K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 4,812 Sq Ft

    417 N Aurora St, Ithaca, NY 14850

    Welcome to 417 N. Aurora Street, ideally located in the heart of downtown Ithaca. This well-maintained multi-unit property offers a rare opportunity to enjoy true walkable city living while generating income. Just steps from the Ithaca Commons, Cornell University, restaurants, shops, and cultural attractions, the location is truly unbeatable. The owner’s unit is bright, spacious, and inviting,

    Karen Hollands Howard Hanna S Tier Inc

    417 N Aurora St, Ithaca, NY 14850
  • /49

    $995,000

    • 8 Beds
    • 4 Baths
    • 4,283 Sq Ft

    411 Dryden Rd, Ithaca, NY 14850

    This property rests the heart of Ithaca's vibrant Collegetown neighborhood, this exceptional multi-family property offers a rare combination of prime location and solid investment potential. Just steps from Cornell University, this well-appointed 8-bedroom, 4-bathroom residence stands as a testament to quality craftsmanship and thoughtful design. The sturdy construction provides a reassuring

    David Wahl Warren Real Estate of Ithaca Inc. (Downtown)

    411 Dryden Rd, Ithaca, NY 14850
  • /35

    $485,000

    $190K PRICE DROP
    • 8 Beds
    • 3.5 Baths
    • 2,859 Sq Ft

    918 Danby Rd Unit 1-2, Ithaca, NY 14850

    LOCATION! LOCATION! Conveniently walking distance to Ithaca College. 1 mile from downtown Ithaca, this property is located at 918 Danby Road, in the town of Ithaca, NY. This 2 Family property consists of 2 four-bedroom units set back from the road with plenty of open space. One two-story 4-bedroom apartment and one 3-story apartment. Right next to campus and close to downtown Ithaca. Easy walk to

    Michelle Adams Keller Williams Realty

    918 Danby Rd Unit 1-2, Ithaca, NY 14850
  • /17

    $1,000,000

    • 7 Beds
    • 2,358 Sq Ft

    308 Fairmount Ave, Ithaca, NY 14850

    Great Investment with creative potential! A favored and highly sought upper Collegetown location with a flat walking distance to Cornell just seconds from the high-energy Collegetown hub. These 7 units are in the ideal grad student location offering convenience yet situated on a quiet street. Four 1-bedrooms, three 2-bedrooms. Apartments are bright and unique, with furnished options and coin

    Kathleen Markowski Warren Real Estate of Ithaca Inc.

    308 Fairmount Ave, Ithaca, NY 14850
  • /22

    $690,000

    • 14 Beds
    • 4 Baths
    • 4,500 Sq Ft

    316 S Aurora St, Ithaca, NY 14850

    Priced at assessed value, this large 4 unit on South Hill is conveniently located near The Commons, Cornell University, and Ithaca College. This property includes two tax parcels with each side featuring a 3 bedroom and a 4 bedroom apartment, for a total of four units. The property also boasts on-site parking, laundry income, and rent growth potential for the savvy investor.

    Melissa Skodzinsky Listing by Berkshire Hathaway HomeServices Heritage Realty

    316 S Aurora St, Ithaca, NY 14850
  • /18

    $350,000

    • 6 Beds
    • 5 Baths
    • 2,000 Sq Ft

    638 Spencer Rd, Ithaca, NY 14850

    Well-maintained duplex offering a fantastic investment or owner-occupant opportunity in the City of Ithaca. This newer-construction property features updated heating systems and hot water heaters, providing low-maintenance ownership and peace of mind. Each unit offers three floors of living space with flexible layouts that can accommodate a variety of living arrangements, home office needs, or

    Hallie Magden Howard Hanna S Tier Inc

    638 Spencer Rd, Ithaca, NY 14850
  • /36

    $1,350,000

    $250K PRICE DROP
    • 16 Beds
    • 10,000 Sq Ft

    190 Lower Creek Rd, Ithaca, NY 14850

    The approximately 10,000-square-foot building consists of sixteen one-bedroom apartments in a single-story layout with significant upside potential. Constructed and continuously owned by the same family, the property reflects exceptional pride of ownership and long-term care. The building has been consistently maintained and improved as needed, resulting in excellent overall condition and

    Joan Portzline Listing by Berkshire Hathaway HomeServices Heritage Realty

    190 Lower Creek Rd, Ithaca, NY 14850
  • /32

    $529,800

    • 6 Beds
    • 4 Baths
    • 2,800 Sq Ft

    198 E King Rd, Ithaca, NY 14850

    Outstanding owner-occupied or investment opportunity! This fully renovated duplex offers the perfect blend of convenience and tranquility, ideally located just minutes from Ithaca College and downtown Ithaca while enjoying a peaceful country setting. Each spacious 3-bedroom, 2-bath unit has been thoughtfully updated with stylish modern finishes, including sparkling kitchens featuring stainless

    Ivan Newell Ithaca Home At Last, LLC

    198 E King Rd, Ithaca, NY 14850
  • /50

    $1,500,000

    • 18,715 Sq Ft

    119 3rd St, Ithaca, NY 14850

    Welcome to 119 Third Street, a striking Tudor-style property offering exceptional scale, architectural presence, and flexibility in a prime downtown Ithaca location. Rich in historic detail and thoughtfully configured, this rare multi-use building presents a compelling opportunity to acquire a property with substantial existing infrastructure and broad future potential. At the heart of the

    Karen Hollands Howard Hanna S Tier Inc

    119 3rd St, Ithaca, NY 14850
  • /41

    $850,000

    • 8 Beds
    • 3.5 Baths
    • 4,346 Sq Ft

    213 Dearborn Place, Ithaca, NY 14850

    An exceptional investment opportunity in Ithaca's nationally recognized Cornell Heights Historic District, just steps from Cornell University's North Campus. Combining historic character, proven rental performance, and significant upside potential, this well-maintained income property is legally approved for occupancy by up to 13 unrelated individuals within the R-2A zoning district, offering

    Karen Hollands Howard Hanna S Tier Inc

    213 Dearborn Place, Ithaca, NY 14850
  • /50

    $675,000

    • 6 Beds
    • 5 Baths
    • 3,265 Sq Ft

    719 Hayts Rd, Ithaca, NY 14850

    Discover an exceptional opportunity with this spacious 3-unit residential property in the Trumansburg School District. Nestled on nearly 3 acres of beautifully landscaped grounds, this property offers, the opportunity for local investors or those interested in owner occupying while building their real estate portfolio. Totaling 6 bedrooms and 5 bathrooms, two of the units offer 2-bedrooms, 2-

    Chelsey Smith RE/MAX In Motion

    719 Hayts Rd, Ithaca, NY 14850
  • /50

    $1,150,000

    $100K PRICE DROP
    • 15 Beds
    • 4 Baths
    • 3,997 Sq Ft

    410 Stewart Ave, Ithaca, NY 14850

    Welcome to your next investment opportunity at 410 Stewart Avenue, a remarkable multi-family property available for sale. This investment property is situated in the heart of Lower Collegetown, offering an excellent location for both residents and investors. With 15 bedrooms, 3 bathrooms, 3 kitchens, 3 living rooms and ample parking space for 7 vehicles, this property is perfect for those seeking

    David Wahl Warren Real Estate of Ithaca Inc. (Downtown)

    410 Stewart Ave, Ithaca, NY 14850
  • /35

    $449,000

    • 6 Beds
    • 2 Baths
    • 2,288 Sq Ft

    217 Snyder Hill Rd, Ithaca, NY 14850

    Nestled between Cornell University and Ithaca College in one of Ithaca’s most desirable rental corridors, this turn-key duplex blends proven income production with exceptional versatility. The updated raised ranch design with a finished lower level features two spacious three-bedroom units and has generated approximately $61,000 in rental income over the past year, making it an outstanding

    Cierra Rae Cain Warren Real Estate of Ithaca Inc.

    217 Snyder Hill Rd, Ithaca, NY 14850
  • /6

    $460,000

    • 4 Beds
    • 3 Baths
    • 1,764 Sq Ft

    209 N Meadow St, Ithaca, NY 14850

    Newer Duplex (2022) - 1,764 SF - with 2-bedrooms; full eat-in kitchen; living area & full bathroom in each unit. On site parking. Can be purchased individually or as part of package of adjacent properties at 526 & 528 W. Seneca. See separate listings for each of those properties + accompanying Sales Flyer.

    David Huckle Pyramid Brokerage Company - Co

    209 N Meadow St, Ithaca, NY 14850
  • /30

    $1,000,000

    • 11 Beds
    • 3 Baths
    • 4,318 Sq Ft

    505 Dryden Rd, Ithaca, NY 14850

    Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces.Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily

    David Wahl Warren Real Estate of Ithaca Inc. (Downtown)

    505 Dryden Rd, Ithaca, NY 14850
  • /8

    $309,000

    $20K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 1,976 Sq Ft

    506 W Clinton St Unit 8, Ithaca, NY 14850

    Opportunity to own income property, side by side duplex. Separate gas and electric meters. Some new appliances. Contact your agent for a showing.

    Bruce Stark Bruce Stark

    506 W Clinton St Unit 8, Ithaca, NY 14850
  • /24

    $350,000

    • 6 Beds
    • 5 Baths
    • 2,000 Sq Ft

    636 Spencer Rd, Ithaca, NY 14850

    Well-maintained duplex offering a fantastic investment or owner-occupant opportunity in the City of Ithaca. This newer-construction property features updated heating systems and hot water heaters, providing low-maintenance ownership and peace of mind. Each unit offers three floors of living space with flexible layouts that can accommodate a variety of living arrangements, home office needs, or

    Hallie Magden Howard Hanna S Tier Inc

    636 Spencer Rd, Ithaca, NY 14850
  • /38

    $425,000

    Open Sun 10AM - 12PM
    • 5 Beds
    • 2 Baths
    • 2,286 Sq Ft

    125 Snyder Hill Rd, Ithaca, NY 14850

    Opportunity awaits at 125 Snyder Hill Road! This well-maintained duplex is the perfect choice for investors, or owner-occupants looking to offset their mortgage with rental income. The upper unit features 3 bedrooms and 1 full bath with a comfortable, functional layout, while the lower 2 bedroom 1 bath unit has been freshly renovated. Each apartment enjoys its own entrance and dedicated garage

    Trisha Shore Howard Hanna S Tier Inc

    125 Snyder Hill Rd, Ithaca, NY 14850
  • /50

    $750,000

    $97K PRICE DROP
    • 6 Beds
    • 7 Baths
    • 3,597 Sq Ft

    9 Sanctuary Dr, Ithaca, NY 14850

    Discover this beautifully maintained TWO family property located at the end of a quiet dead-end street in Ithaca’s highly desirable Northeast neighborhood. Excellent investment and income property. This expansive home features a 4-bedroom, 3.5-bathroom main residence plus a private 2-bedroom apartment, offering incredible possibilities for multi-generational living, rental income, or guest

    Grace Petrisin Warren Real Estate of Ithaca Inc. (Downtown)

    9 Sanctuary Dr, Ithaca, NY 14850
  • /42

    $430,000

    $35K PRICE DROP
    • 6 Beds
    • 5 Baths
    • 2,832 Sq Ft

    180 Kendall Ave, Ithaca, NY 14850

    Investment Opportunity in the Heart of Ithaca! Looking for a property that offers flexibility, strong rental potential, and a location that's always in demand? This spacious duplex checks all the boxes! Conveniently located just minutes from Ithaca's colleges, downtown, shopping, dining, and entertainment, this property presents a fantastic opportunity for investors, owner-occupants, or those

    Suzanne Powers RE/MAX In Motion

    180 Kendall Ave, Ithaca, NY 14850
  • /22

    $1,100,000

    • 5 Beds
    • 3,851 Sq Ft

    119 Stewart Ave, Ithaca, NY 14850

    5 STAR 5 UNIT 5 MINUTES TO CORNELL! Impressive architectural, spacious, designed apartments offer unique eye-catching appeal that the students really enjoy! 10 bedrooms, 6 baths (one 4-bedroom, two 2-bedroom, and two 1-bedroom units), hardwood floors, high ceilings, open floor plans, large windows offering lots of natural light, laundry, off-street parking and a bus stop at the door. Easy walk to

    Kathleen Markowski Warren Real Estate of Ithaca Inc.

    119 Stewart Ave, Ithaca, NY 14850
  • /36

    $1,950,000

    $150K PRICE DROP
    • 10,230 Sq Ft

    204-208 W Spencer St, Ithaca, NY 14850

    Offered for the first time in nearly half a century, this exceptionally well-maintained multifamily portfolio has been in the same family for 49 years. The property includes a total of 19 fully rented apartment units, each with dedicated parking.Located in the heart of Ithaca - close to public transportation, shopping, restaurants, Ithaca College, and Cornell University. This is an unbeatable

    Zoe Leonard Howard Hanna S Tier Inc

    204-208 W Spencer St, Ithaca, NY 14850

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Why Live in Ithaca

Nestled in the Finger Lakes region, Ithaca features over 150 waterfalls within 10 square miles, including Taughannock Falls which stands taller than Niagara Falls. The pedestrian-only Ithaca Commons serves as the city's cultural hub, lined with local boutiques and art galleries. Outdoor recreation thrives year-round through the Cascadilla Gorge Trail, Buttermilk Falls State Park, and the Black Diamond Trail, while the Cayuga Lake Wine Trail showcases the region's renowned wineries. The dining scene includes established restaurants like Moosewood, known for its vegetarian cuisine and cookbooks, and Taverna Banfi, serving exceptional Italian dishes on Cornell University's campus.

The median price for single-family homes varies significantly by neighborhood. Fall Creek homes have a median price of $420,000, while Forest Home commands $925,000. East Hill properties reach a median of $895,000, Cornell Heights homes stand at $580,000, and South Hill residences average $343,000. Condominiums present more affordable options, with median prices of $204,000 for one-bedroom units and $283,000 for two-bedroom homes. Townhouses in Ithaca have a median price of $419,500.

The cost of living in Ithaca measures 1.2% above the national average. A family with school-age children needs an annual income of $107,000 to live comfortably, while renters should aim for $61,000. Property taxes in Tompkins County run at 2.35%, lower than neighboring Syracuse at 2.59% and Binghamton at 2.64%. Groceries cost 4.7% below the national average for families, requiring approximately $1,500 monthly. Housing expenses average $2,400 monthly, 1.4% above the national average. The education system includes the A-rated Ithaca Senior High School and the A+ rated private Cascadilla School. Cornell University and Ithaca College anchor the higher education landscape.

Home Price Trends

Median Sale Price
$467,500
Median Single Family Sale Price
$471,500
Median Townhouse Sale Price
$450,000
Median 2 Bedroom Sale Price
$314,500
Median 1 Bedroom Sale Price
$274,950
Average Price Per Sq Ft
$230
Number of Homes for Sale
92
Last 12 months Home Sales
298
Months of Supply
3.70
Median List Price
$475,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%
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