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Ithaca

Ithaca

Located in Gratiot County

$180,793 Average Value
$106 Average Price per Sq Ft
6 Homes For Sale

Ithaca offers a tight-knit but active community in Central Michigan

The Central Michigan city of Ithaca offers buyers a small historic downtown, plenty of single-family homes and access to plenty of outdoor entertainment. Founded in the 1850s and named after the town in New York State, the Gratiot County seat is primarily rural but does have manufacturers and a large soybean processing plant as economic drivers. The community is also within commuting distance of Lansing and Mt. Pleasant. “From the clients that I have worked with, it would be your mid-Michigan small town community that has all the amenities that you would need without having to go to a big city,” says Melissa Allen, a Realtor with Century 21 Lee-Mac Realty, who has 17 years of experience. “I feel like there is a lot of hometown pride for the residents that live there.”

Historical homes and newer builds, which sell faster than average

Homes here vary from Ranch styles and New Traditionals to historic Victorians and Craftsman styles. The median home price is $255,000, lower than the national average, but prices can run from $50,000 to $480,000 depending on size, condition and location. Properties closer to downtown are typically on gridded streets with large lots and oak trees accenting lawns. Houses with more acreage are on the outskirts of town.


Allen says Ithaca has attracted a mix of families and commuters. “Central Michigan still has prices that are attainable by the majority of homebuyers and not overpriced for the market,” she says. Properties also tend to move faster in Ithaca, spending 44 days on the market, lower than the national average of 70 days.

Public and private school options available

Public school students can attend Ithaca Public Schools, graded B-minus on Niche. Private religious institutions for early education include Ithaca Seventh-day Adventist School and Countryside Christian School, both unranked.

Multiple parks, local history and an annual agricultural fair entertai

Ithaca has multiple green spaces. McNabb Park features soccer fields and biking trails. Woodland Park has walking paths, pavilions and a playground. North of town is The Fields Golf Course, a public facility with a 5,600-yard, Par 70 layout. The 5,800-yard North Star Golf Course south of town is also open to the public.

The Gratiot County Historical Museum on Center Street is popular for local history and has no admission fee. The Gratiot Ag Society Fair lasts five days every June and features games, a tractor pull and multiple farm animals on display.

Dining in downtown, grocery stores in Ithaca and Alma

Most restaurants are concentrated downtown or along Center Street and feature a mix of chain and local spots. Downtown eateries include Los Hermanos Mexican Restaurant and The Hearthstone Oven, serving breakfast items, sandwiches and baked goods. Pins Bar and Grille offers burgers, pizza and games like bowling and axe throwing.
Ithaca has several boutique shops downtown and a farmers market from May through October. The community has a Ric’s Food Center and smaller convenience stores. Big box and grocery stores are 10 miles north in Alma.

Flooding and storms present, but no lake effect snow

According to the Federal Emergency Management Agency flood maps, there is a slight risk of flooding. Severe storms and tornadoes can also be factors, but according to Allen, this area does not encounter lake effect snow.

Bus connections to Alma and easy highway access

The city of Alma provides bus service to Ithaca and other towns. U.S. Highway 127 runs along the city's eastern edge and connects to Lansing. The Capital Region International Airport is 56 miles south. The community has a primary care facility on Main Street, but MyMichigan Medical Center is 11 miles north in Alma.

Tyler Patchen
Written By
Tyler Patchen

Interested in learning more about homes in this area? Reach out to Marci Browne, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Ithaca Housing Trends

Housing Trends

Median List Price
$170,000
Median Sale Price
$152,000
Median Single Family Sale Price
$165,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
43
Median Home Sale Price YoY Change
1%
Average Price Per Sq Ft
$106

Area Facts

Number of Homes in Neighborhood
443
Number of Homes for Sale
6
Median Year Built
1960
Months of Supply
1.70
Average Single Family Home Size Sq Ft
1,854
On par with the national average
1,925
Median Lot Size Sq Ft
20,908

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Ithaca Has More Owners

Demographics

Total Population
2,949
Median Age
44
Population under 18
22.3%
On par with the national average
23.8%
Population over 65
24.1%
On par with the national average
19.1%

Finances

Median Household Income
$55,277
Significantly below the national average
$71,702
Average Household Income
$70,102

Education and Workforce

High School Graduates
92.5%
College Graduates
19.8%
Below the national average
34.1%
Advanced Degrees
4.4%
Below the national average
13.3%
% Population in Labor Force
67.1%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
15°F
Average Summer High Temperature
82°F
Annual Snowfall
44''

Area Factors

Somewhat Bikeable

Bike Score®®

39 / 100

Car-Dependent

Walk Score®®

35 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Ithaca
Marci Browne
AMERICA'S CHOICE REALTY LLC
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