Home prices
The median home in Ithaca is valued at $239,100. This is approximately $54,120 (18%) lower in comparison to its surrounding areas.In comparison to the country as a whole it is approximately $21,600 (9%) higher, and compared to the city of Rochester it is about $156,000 (187%) higher.
Rents
In Ithaca the median monthly rent is $1,203. Compared to nearby areas it is roughly $27 (2%) higher.Compared to the country as a whole it is roughly $141 (13%) higher, and in comparison to the city of Rochester it is about $355 (41%) higher.
Nearby places
Forest Home
Forest Home is Ithaca's neighbor to the east. The real estate prices there are a little more expensive. The value of the median home in Forest Home is $334,400, which works out to $95,300 (28%) higher than Ithaca. Its rents are pretty similar. Forest Home's median rent is $1,172 per month, which is $31 (2%) lower than Ithaca.
Cayuga Heights
Cayuga Heights is Ithaca's neighbor to the northeast. Its housing prices are a lot more expensive. The median home in Cayuga Heights costs $413,000, which comes out to $173,900 (42%) higher than Ithaca. Rents there are pretty similar. The median monthly rent in Cayuga Heights is $1,185, which is $18 (1%) lower than Ithaca.
East Ithaca
East Ithaca is Ithaca's neighbor to the southeast. The real estate prices there are pretty similar. The median home cost in East Ithaca is $242,900, which is $3,800 (1%) higher than Ithaca. The rent there is somewhat less expensive. The median rent in East Ithaca is $1,136 per month, which is $67 (5%) lower than Ithaca.
South Hill
South Hill is Ithaca's neighbor to the south. Housing prices there are similar. The median home in South Hill costs $229,900, which is $9,200 (4%) lower than Ithaca. Its rents are a bit more expensive. South Hill's median monthly rent is $1,332, which comes out to $129 (9%) higher than Ithaca.
Northwest Ithaca
Northwest Ithaca is Ithaca's neighbor to the northwest. Its real estate prices are similar. The value of the median home in Northwest Ithaca is $245,900, which works out to $6,800 (2%) higher than Ithaca. Rents there are a little less expensive. Northwest Ithaca's median rent is $1,056 a month, which is $147 (13%) lower than Ithaca.