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Ithaca Metro Area Housing

 

As of 2010-2014, median price of a house in Ithaca Area is $171,000, which is much lower than the state average of $283,700 and is about the same as the national average of $175,700. The median year that a house in Ithaca Area was built is 1969, which is newer than the median year for a house built in the state which is 1956 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 21,501 Owner Occupied Houses in Ithaca Area, #186
Ithaca Area
171,000 USD
New York
283,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Ithaca Area
10.32%
New York
90.79%
U.S.
46.91%

*The Ithaca Area median house price growth rate is since 2005-2009. The New York and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Ithaca AreaNew YorkU.S.
Total Housing Units41,822, see rank, 100%8,153,309132,741,033
Occupied Housing Units38,340, 91.67%, see rank88.99%87.55%
Owner Occupied21,501, 51.41%, see rank47.92%56.34%
Renter Occupied16,839, 40.26%, see rank41.07%31.21%
Vacant Housing Units3,482, 8.33%, see rank11.01%12.45%
For Rent333, 0.80%, see rank1.92%2.34%
For Sale Only327, 0.78%, see rank0.87%1.20%
Rented or Sold, Not Occupied497, 1.19%, see rank0.95%0.92%
For Seasonal, Recreational, or Occasional Use675, 1.61%, see rank3.84%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant1,650, 3.95%, see rank3.42%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #642
Ithaca AreaNew YorkU.S.
196919561976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Ithaca Area%New YorkU.S.
Owner-Occupied Units21,501100%3,906,99174,787,460
With a Mortgage12,85859.80%, see rank63.75%65.58%
Without a Mortgage8,64340.20%, see rank36.25%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Ithaca Area
1,468 USD
New York
2,042 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsIthaca Area%New YorkU.S.
$299 or Less120.09%, see rank0.18%0.20%
$300 to $4991761.37%, see rank0.98%1.59%
$500 to $6994153.23%, see rank2.98%5.01%
$700 to $9991,58112.30%, see rank9.38%14.32%
$1,000 to $1,4994,55935.46%, see rank19.20%27.90%
$1,500 to $1,9992,96323.04%, see rank16.14%20.35%
$2,000 to $2,9992,27917.72%, see rank25.21%19.52%
$3,000 or More8736.79%, see rank25.94%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ithaca Area
21.50% of the Total Income
New York
25.30% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ithaca Area%New YorkU.S.
10% or Less7045.48%, see rank5.96%5.86%
10% to 20%5,07939.50%, see rank28.39%31.95%
20% to 30%3,44426.78%, see rank26.11%27.64%
30% to 40%1,56412.16%, see rank14.22%13.74%
40% or More2,03615.83%, see rank24.87%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Ithaca Area
605 USD
New York
710 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsIthaca Area%New YorkU.S.
$199 or Less3904.51%, see rank5.20%7.76%
$200 to $2996237.21%, see rank5.70%14.70%
$300 to $4992,08024.07%, see rank18.86%34.63%
$500 to $6991,95622.63%, see rank19.69%21.16%
$700 or More3,59441.58%, see rank50.55%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ithaca Area
12.90% of the Total Income
New York
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ithaca Area%New YorkU.S.
10% or Less3,30538.24%, see rank30.96%40.19%
10% to 20%3,01434.87%, see rank31.75%31.47%
20% to 30%1,17513.59%, see rank14.54%12.24%
30% to 40%4284.95%, see rank7.45%5.64%
40% or More6547.57%, see rank14.27%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Ithaca AreaNew YorkU.S.
Total Housing Units41,822, 100%8,153,309132,741,033
1-unit, Detached21,304, 50.94%, see rank41.93%61.65%
1-unit, Attached1,305, 3.12%, see rank4.95%5.82%
2 Units3,021, 7.22%, see rank10.61%3.75%
3 or 4 Units3,670, 8.78%, see rank7.39%4.43%
5 to 9 Units3,712, 8.88%, see rank5.27%4.78%
10 or More Units4,873, 11.65%, see rank27.40%13.08%
Mobile Home, Boat, RV, Van, etc.3,937, 9.41%, see rank2.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Ithaca AreaNew YorkU.S.
Total Housing Units41,822, 100%8,153,309132,741,033
1 Room1,513, 3.62%, see rank3.74%1.95%
2 Rooms1,781, 4.26%, see rank3.69%2.48%
3 Rooms4,247, 10.15%, see rank15.28%9.13%
4 Rooms6,983, 16.70%, see rank18.50%16.60%
5 Rooms6,965, 16.65%, see rank16.75%20.41%
6 Rooms6,339, 15.16%, see rank15.01%18.06%
7 Rooms4,853, 11.60%, see rank10.26%12.27%
8 Rooms3,782, 9.04%, see rank7.56%8.48%
9 Rooms or More5,359, 12.81%, see rank9.20%10.60%
Median Rooms5.40, see rank5.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Ithaca AreaNew YorkU.S.
Total Housing Units41,822, 100%8,153,309132,741,033
No Bedroom1,634, 3.91%, see rank4.29%2.17%
1 Bedroom6,607, 15.80%, see rank19.68%11.16%
2 Bedrooms9,998, 23.91%, see rank26.84%26.69%
3 Bedrooms14,590, 34.89%, see rank31.52%39.70%
4 Bedrooms6,708, 16.04%, see rank13.27%16.05%
5 or More Bedrooms2,285, 5.46%, see rank4.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Ithaca AreaNew YorkU.S.
Total Housing Units38,340, 100%7,255,528116,211,092
Utility Gas20,092, 52.40%, see rank56.12%48.85%
Bottled, Tank, or LP Gas4,008, 10.45%, see rank3.36%4.86%
Electricity6,781, 17.69%, see rank10.26%36.68%
Fuel Oil, Kerosene, etc.4,103, 10.70%, see rank26.24%5.86%
Coal or Coke504, 1.31%, see rank0.26%0.12%
Wood2,264, 5.91%, see rank2.04%2.12%
Solar Energy9, 0.02%, see rank0.03%0.05%
Other Fuel472, 1.23%, see rank0.97%0.47%
No Fuel Used107, 0.28%, see rank0.72%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalIthaca AreaNew YorkU.S.
Occupied Units Paying Rent16,584, 100%3,233,10039,201,928
$199 or Less69, 0.42%, see rank1.14%1.50%
$200 to $299443, 2.67%, see rank4.22%3.18%
$300 to $4991,023, 6.17%, see rank6.44%7.37%
$500 to $6991,913, 11.54%, see rank10.26%16.01%
$700 to $9995,553, 33.48%, see rank19.86%29.17%
$1,000 to $1,4995,128, 30.92%, see rank30.47%26.88%
$1,500 to $1,9991,346, 8.12%, see rank15.24%9.79%
$2,000 or More1,109, 6.69%, see rank12.38%6.10%
Median$965, see rank$1,117$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Ithaca AreaNew YorkU.S.
Occupied Housing Units38,340, 100%7,255,528116,211,092
No Vehicles Available5,542, 14.45%, see rank29.34%9.12%
1 Vehicles Available14,504, 37.83%, see rank32.69%33.80%
2 Vehicles Available13,156, 34.31%, see rank26.49%37.48%
3 or More Vehicles Available5,138, 13.40%, see rank11.49%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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