Ithaca, NY Real Estate

According to census data in the year 2000 there were 10,716 housing units in Ithaca. This represents a 6.4% growth from 10,075 in 1990.

Of those housing units, 10,716 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ithaca is about 25.7%. Ithaca's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Ithaca were built after 1943.


Housing Size

Housing Units by Size
Studio Type10.90%
One Bedroom27.30%
Two Bedrooms22.20%
Three Bedrooms22.40%
Four Bedrooms11.70%
Five Bedrooms or more5.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1939
Median Value of occupied units$96,200
Median Price asked for vacant units$96,300

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1952
Median Monthly Rent asked for vacant units$483

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage7.20%
Home Equity Loan8.30%
Simple Mortgage55.70%
Debt Free28.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%