Multi-family
124 Sears St · Ithaca, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 4/10 · Minor
- Hot days now (above 94°F)
- 8 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +5.7/10.0
- Livability +3.9/5.0
- Rent growth +3.8/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$375,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks
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 Fall Creek one of Ithaca’s most desirable neighborhoods. Longtime residents, newer homes, and a strong sense of community contribute to the area’s enduring appeal.
Key facts
- Quiet street
- Rare thru traffic
- Hardwood floors
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 6-bed/2.5-bath multifamily listed at $375k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $3k ($35k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($7k rent vs $375k).
- Recommended offer: $341k (9.0% below list) — sets the bar for market timing.
- Cap rate 15.7% vs local median 3.9% in Ithaca — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#210 in NY, #3,240 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: housing C-, employment D+, cost of living D.
- Ithaca City School District (urban): math 57% / reading 71% proficiency, ranked #195 of 590 in NY (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Beverly J Martin Elementary School (math 15% / reading 34%, grade F, #1,825 of 2,108 statewide, top 88%, 274 students, 58% FRL); Boynton Middle School (math 36% / reading 64%, grade C, #261 of 729 statewide, top 36%, 526 students, 36% FRL); Ithaca Senior High School (math 95% / reading 95%, grade A+, #83 of 1,100 statewide, top 8%, 1,341 students, 31% FRL).
- Market conditions: Rents rising fast (+5.2%/yr); 492 active listings in the ZIP; 382 units permitted in Tompkins County in 2024 (208 in 5+ unit buildings).
- At $7,309/mo this rent would consume 123% of the median local household income ($71k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
- Tompkins County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 5.2% rent growth), your $105k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 104 days — a 9% lower offer ($341k) is reasonable based on typical stale-listing flexibility.
- Current owner paid $17k; list at $375k implies a 2106% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1860 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1860 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.95% ✓
- Cap rate
- 15.69%
- Cash-on-cash
- 33.55%
- DSCR
- 2.49
- GRM
- 4.3
CMA / ARV
- ARV (median comp)
- $649,997
- List price
- $375,000
- Delta
- -42.31%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 445 N Tioga St | 0.10mi | 6/2.0 | 2,234 (+3%) | 3mo | $497,500 | $223 | 86 |
| 402 S Plain St | 0.58mi | 5/2.5 (-1) | 2,140 (-1%) | 4mo | $430,000 | $201 | 62 |
| 607 N Cayuga St | 0.20mi | 5/4.0 (-1) | 2,296 (+6%) | 13mo | $495,000 | $216 | 60 |
| 321 - 321.5 Hillview Pl | 0.65mi | 6/2.5 | 2,240 (+3%) | 7mo | $350,000 | $156 | 59 |
| 319 Hillview Pl | 0.66mi | 6/2.0 | 2,082 (-4%) | 18mo | $289,900 | $139 | 46 |
| 817-819 N Cayuga St | 0.39mi | 6/3.0 | 2,482 (+14%) | 14mo | $529,000 | $213 | 44 |
| 842 N Aurora St | 0.45mi | 5/2.0 (-1) | 2,408 (+11%) | 12mo | $465,000 | $193 | 44 |
| 215 - 217 Prospect St | 0.50mi | 6/3.0 | 1,864 (-14%) | 18mo | $465,000 | $249 | 36 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.22% rent growth · sell at horizon
- IRR
- 31.5%
- Equity multiple
- 2.36×
- Total profit
- $143,180
- Equity at exit
- $55,914
- IRR
- 39.9%
- Equity multiple
- 5.17×
- Total profit
- $438,190
- Equity at exit
- $32,423
Cash invested: $105,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 15 Strongly Tenant-Friendly
- State New York
- 15 Strongly Tenant-Friendly · D+10
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 9 active · 3 under contract
- Months of supply
- 13.5 mo (7%/mo absorbed)
- Median asking
- $370,000 ($188/sqft)
- Median days on market
- 83 d
- This list price
- 56% of active listings are priced below it
- ARV vs active asking
- +59.2% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 14850
- Rents YoY
- 5.2%
- Active inventory
- 492
- Price-to-rent
- 12.8×
Monthly cashflow live
- Estimated rent
- $7,309 high interval (Pro) →
- Mortgage (P&I)
- −$1,967
- Tax from tax record
- −$715 /mo · $8,584/yr
- Insurance
- −$156
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$1,535
- Net cashflow
- $2,936
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 3× units | 2 | 1.5 | $7,308 |
| #1 | 2 | 1.5 | $2,436 |
| #2 | 2 | 1.5 | $2,436 |
| #3 | 2 | 1.5 | $2,436 |
| Total (3 units) | $7,309 | ||
Break-even live
Sensitivity live
| Price | -10% $3,148 | -5% $3,042 | +0% $2,936 | +5% $2,830 | +10% $2,724 |
|---|---|---|---|---|---|
| Rent | -10% $2,359 | -5% $2,647 | +0% $2,936 | +5% $3,225 | +10% $3,513 |
| Rate | -1.0pp $3,125 | -0.5pp $3,031 | base $2,936 | +0.5pp $2,839 | +1.0pp $2,740 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $93,750
- Closing costs
- $11,250
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 427 N Cayuga St Unit 6 Ithaca, NY | 2.0 | 1.0 | — | $1,495 | — | 6d | 1 | 0.06mi |
| 445 N Tioga St Unit 2 Ithaca, NY | 3.0 | 1.0 | 1117 | $700 | $0.63 | 6d | 1 | 0.08mi |
| 105 W Court St Ithaca, NY | 1.0 | 1.0 | 595 | $2,500 | $4.20 | 6d | 1 | 0.14mi |
| 510 N Albany St Apt 1 Ithaca, NY | 2.0 | 1.0 | 800 | $1,750 | $2.19 | 6d | 1 | 0.22mi |
| 414 E Marshall St Ithaca, NY | 1.0 | 1.5 | — | $850 | — | 6d | 1 | 0.22mi |
| 414 E Marshall St Unit 3 Ithaca, NY | 3.0 | 1.0 | — | $2,250 | — | 6d | 1 | 0.22mi |
| 108 2nd St Apt 4 Ithaca, NY | 1.0 | 1.0 | — | $1,600 | — | 5d | 1 | 0.25mi |
| 108 2nd St Apt 2 Ithaca, NY | 1.0 | 1.0 | — | $1,600 | — | 6d | 1 | 0.25mi |
| 318 E Seneca St Unit 7 Ithaca, NY | 2.0 | 1.0 | — | $1,800 | — | 6d | 1 | 0.28mi |
| 109 N Cayuga St Unit G Ithaca, NY | 1.0 | 1.0 | — | $1,250 | — | 6d | 1 | 0.28mi |
| 224 E State St Ithaca, NY | 1.0 | 1.0 | 12090 | $2,500 | $0.21 | 6d | 1 | 0.31mi |
| 220 E State St Unit 4 Ithaca, NY | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 6d | 1 | 0.31mi |
| 171 E State St Apt 343 Ithaca, NY | 1.0 | 1.0 | 798 | $1,845 | $2.31 | 6d | 1 | 0.32mi |
| 171 E State St Apt 362 Ithaca, NY | 2.0 | 1.0 | 682 | $1,900 | $2.79 | 6d | 1 | 0.32mi |
| 125 E State St Ithaca, NY | 1.0–2.0 | 1.0–2.0 | 1000 | $3,800 | $3.80 | 6d | 5 | 0.33mi |
| 407 Cascadilla St Unit 1-DN Ithaca, NY | 1.0 | 1.0 | — | $1,250 | — | 6d | 1 | 0.34mi |
| 407 Cascadilla St Unit 2-UP Ithaca, NY | 1.0 | 1.0 | — | $1,150 | — | 6d | 1 | 0.34mi |
| 322 N Plain St Ithaca, NY | 2.0 | 1.0 | — | $1,850 | — | 6d | 1 | 0.35mi |
| 210 E Green St Ithaca, NY | 2.0 | 1.0–2.0 | 700 | $3,699 | $5.28 | 2d | 23 | 0.36mi |
| 206 3rd St Unit A Ithaca, NY | 3.0 | 1.0 | 1300 | $950 | $0.73 | 6d | 1 | 0.37mi |
| 401 E State St Ithaca, NY | 1.0–2.0 | 1.0–1.5 | 915 | $3,750 | $4.10 | 6d | 18 | 0.42mi |
| 113 Osmun Pl Unit 1 Ithaca, NY | 2.0 | 1.0 | — | $1,600 | — | 6d | 1 | 0.42mi |
| 520 Linn St Unit 1 Ithaca, NY | 2.0 | 1.0 | 1000 | $2,150 | $2.15 | 6d | 1 | 0.42mi |
| 526 Stewart Ave Unit 12 Ithaca, NY | 1.0 | 5.0 | — | $965 | — | 6d | 1 | 0.43mi |
| 107 Hudson St #2 Ithaca, NY | 2.0 | 1.0 | — | $1,450 | — | 6d | 1 | 0.43mi |
| 214 Stewart Ave Unit 2 Ithaca, NY | 1.0 | 1.0 | — | $1,595 | — | 6d | 1 | 0.45mi |
| 112 Hudson St Ithaca, NY | 1.0–2.0 | 1.0–2.0 | — | $1,750 | — | 2d | 2 | 0.45mi |
| 108 5th St Unit 1/2 Ithaca, NY | 1.0 | 1.0 | — | $1,500 | — | 6d | 1 | 0.46mi |
| 430 W State St Ithaca, NY | 2.0 | 1.0–2.0 | 741 | $3,725 | $5.03 | 2d | 9 | 0.48mi |
| 119 Prospect St Ithaca, NY | 3.0 | 1.0 | 1296 | $675 | $0.52 | 3d | 2 | 0.48mi |
| 208 Hudson St #2 Ithaca, NY | 2.0 | 1.0 | — | $1,500 | — | 6d | 1 | 0.53mi |
| 700 Stewart Ave Ithaca, NY | 2.0 | 1.0–2.0 | 745 | $3,046 | $4.09 | 6d | 36 | 0.54mi |
| 1007 N Aurora St Unit 1005-1 Ithaca, NY | 3.0 | 1.0 | 1000 | $1,995 | $2.00 | 6d | 1 | 0.54mi |
| 312 Turner Pl Ithaca, NY | 1.0 | 1.0 | — | $1,550 | — | 6d | 1 | 0.56mi |
| 708 Stewart Ave Unit 3 Ithaca, NY | 2.0 | 1.0 | — | $1,800 | — | 6d | 1 | 0.56mi |
| 708 Stewart Ave Unit 2 Ithaca, NY | 3.0 | 1.0 | — | $2,350 | — | 6d | 1 | 0.56mi |
| 710 Stewart Ave Unit 8 Ithaca, NY | 3.0 | 1.0 | 973 | $2,250 | $2.31 | 6d | 1 | 0.56mi |
| 125 Lake St Ithaca, NY | 2.0 | 1.0–2.0 | 761 | $3,800 | $4.99 | 6d | 1 | 0.56mi |
| 410 S Aurora St #2 Ithaca, NY | 3.0 | 1.0 | — | $1,775 | — | 6d | 1 | 0.56mi |
| 121 Lake St Ithaca, NY | 2.0 | 2.0 | — | $1,600 | — | 6d | 1 | 0.56mi |
Property features AI
Finance
- Other
- Zoning: Residential 2 Unit
- Financial info
- Multi-family with rental income: 1-bedroom unit rents for $950; 5-bedroom unit rents for $3,000
- HOA & community
- No HOA details provided
Exterior
- Parking
- No parking details provided
- Security
- No security details provided
- Utilities
- Public waterSewer connectedElectricity connected (fuses)
- Home design
- Residential multi-family propertyTwo-story building
- Construction
- Brick, frame, stone and vinyl siding constructionBlock foundationAsphalt roofBuilt as a two-story structure
- Exterior features
- Covered porchPorchPartial fencingNear public transitRectangular lotCity street frontagePublic maintained road
Interior
- Kitchen
- Gas water heaterAppliances are energy-efficient
- Bedrooms
- One 1-bedroom unitOne 5-bedroom unit
- Flooring
- CarpetHardwoodVinylVaries
- Bathrooms
- Two full bathroomsOne half bathroomEach unit includes bathrooms (1 BR unit: 1 bath; 5 BR unit: 2 baths)
- Heating & cooling
- Forced air heatingNatural gas
- Interior features
- Natural woodworkAccessible entranceAccessible bedroomSatellite dishFull basement
- Laundry & utility
- Gas water heater
Listing history 50 events
-
2026-09-24days on market $375,000 Active 104 DOM
-
2026-09-24days on market $375,000 Active 103 DOM
-
2026-09-22days on market $375,000 Active 102 DOM
-
2026-09-20days on market $375,000 Active 100 DOM
-
2026-09-18days on market $375,000 Active 98 DOM
-
2026-09-17days on market $375,000 Active 97 DOM
-
2026-09-16days on market $375,000 Active 96 DOM
-
2026-09-15days on market $375,000 Active 95 DOM
-
2026-09-14days on market $375,000 Active 94 DOM
-
2026-09-13days on market $375,000 Active 93 DOM
-
2026-09-12days on market $375,000 Active 92 DOM
-
2026-09-11days on market $375,000 Active 91 DOM
-
2026-09-05days on market $375,000 Active 85 DOM
-
2026-09-04days on market $375,000 Active 84 DOM
-
2026-09-03days on market $375,000 Active 83 DOM
-
2026-09-02days on market $375,000 Active 82 DOM
-
2026-08-30days on market $375,000 Active 79 DOM
-
2026-08-29days on market $375,000 Active 78 DOM
-
2026-08-28days on market $375,000 Active 77 DOM
-
2026-08-27days on market $375,000 Active 76 DOM
-
2026-08-25days on market $375,000 Active 74 DOM
-
2026-08-24days on market $375,000 Active 73 DOM
-
2026-08-23days on market $375,000 Active 72 DOM
-
2026-08-22days on market $375,000 Active 71 DOM
-
2026-08-21days on market $375,000 Active 70 DOM
-
2026-08-20days on market $375,000 Active 69 DOM
-
2026-08-19days on market $375,000 Active 68 DOM
-
2026-08-18days on market $375,000 Active 67 DOM
-
2026-08-17days on market $375,000 Active 66 DOM
-
2026-08-16days on market $375,000 Active 65 DOM
-
2026-08-15days on market $375,000 Active 64 DOM
-
2026-08-14days on market $375,000 Active 63 DOM
-
2026-08-13days on market $375,000 Active 62 DOM
-
2026-08-12days on market $375,000 Active 61 DOM
-
2026-08-11days on market $375,000 Active 60 DOM
-
2026-08-10days on market $375,000 Active 59 DOM
-
2026-08-09days on market $375,000 Active 58 DOM
-
2026-08-08days on market $375,000 Active 57 DOM
-
2026-08-07days on market $375,000 Active 56 DOM
-
2026-08-06days on market $375,000 Active 55 DOM
-
2026-08-05days on market $375,000 Active 54 DOM
-
2026-08-04days on market $375,000 Active 53 DOM
-
2026-08-03days on market $375,000 Active 52 DOM
-
2026-07-31days on market $375,000 Active 49 DOM
-
2026-07-29days on market $375,000 Active 47 DOM
-
2026-07-27days on market $375,000 Active 45 DOM
-
2026-07-25days on market $375,000 Active 43 DOM
-
2026-07-23days on market $375,000 Active 41 DOM
-
2026-07-22days on market $375,000 Active 40 DOM
-
2026-07-21days on market $375,000 Active 39 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NY · Partial reset (capped growth)
- Current annual tax
- $8,584 · $715/mo
- Projected year-2 tax
- $8,584 · $715/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 4/10 Moderate 8 d/yr ≥94°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $87,708
- − Mortgage interest
- −$21,006
- − Property taxes
- −$8,584
- − Insurance
- −$1,875
- − Repairs & maintenance
- −$7,017
- − Management
- −$7,017
- − Depreciation
- −$10,909
- Taxable income
- $31,301
- Est. tax owed @ 24.0%
- −$7,512
- After-tax cash flow
- $27,720/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 1 photo
This multi-family property in Ithaca's Fall Creek neighborhood requires moderate renovations to improve its curb appeal and interior condition, enhancing both resale and rental value.
Deferred maintenance Est. $30,000–$90,000 screening
- Major Roof (roof) — The roof appears to be in poor condition with visible damage and missing shingles.
- Major Windows (windows) — The windows show signs of wear and potential rot, indicating a need for replacement.
- Major Exterior (exterior) — The siding is peeling and the overall exterior structure looks aged and in need of repair.
Repairs flagged
- Major exterior siding — Significant wear and tear
- Major interior walls — Paint chipping and wear
- Major landscaping — Overgrown yard and unkempt appearance
Value-add opportunities
- Both paint exterior — Enhances curb appeal and resale value ↑
- Both paint interior — Improves living space and rental appeal ↑
- Both landscaping — Enhances curb appeal and rental appeal ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Ithaca City School District
- NCES district ID
- 3615570
- Math proficiency
- 57% ▼ -5.00%
- Reading proficiency
- 71% ▲ 11.00%
- Median HH income
- $46,528
- Composite
- 54.01/100
- National rank
- #1397
- State rank
- #195 of 590 in NY
Livability — Ithaca
- Score
- 77/100
- State rank
- #210
- US rank
- #3240
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Ithaca, NY
- County
- Tompkins County · 113,958 people
- City population
- 68,610
- Metro
- Ithaca, NY
- Population (ZIP)
- 68,610
- Household income
- $71,445
- Rent vs Own
- Severe rent burden
- 13% of renters
Population outlook (Tompkins County) Hauer SSP2
- Today (2025)
- 113,958 people
- By 2030
- 118,774 · +4.2%
- By 2040
- 125,927 · +10.5%
- By 2050
- 133,599 · +17.2%
- By 2075
- 156,759 · +37.6%
- By 2100
- 169,896 · +49.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (68%)
- Race & ethnicity
- White 68% Asian 13% Hispanic / Latino 8% Two or more races 8% Black 4%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2%
- Common ancestry
- Romanian 3% Italian 3% Scotch-Irish 2%
- Foreign-born
- 18% · China, Canada, South Korea
- Languages at home
- 79% English-only · Chinese 5% Spanish 4% Other Indo-European 4%
Political lean MEDSL · Tompkins
- 2024 margin
- Solid D (+50.6) · D 75.3% · R 24.7%
- 2008→2024 swing
- +8.6pp toward D · 2008: 42.1pp · 2024: 50.6pp
- All cycles
- 2024: D+50.6 2020: D+49.2 2016: D+42.1 2012: D+39.8 2008: D+42.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -276.59%
- Current HPI
- 389.7215
- Rent YoY
- ▲ 5.22%
- Metro
- Ithaca, NY
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
|
||
| Consumer Goods | 9 | $162B |
|
||
| Insurance | 4 | $225B |
|
||
| Telecommunications | 2 | $144B |
|
||
| Pharmaceuticals | 2 | $112B |
|
||
| Media / Entertainment | 2 | $69B |
|
||
Price history
+621.2% since first listed3 events — show timeline
- 2026-06-12 Listed $375,000 IBRMLS
- 1994-02-03 Sold (Public Records) $17,000 Public Records
- 1993-12-13 Sold (Public Records) $52,000 Public Records
Property tax history
+3.5%/yrLatest (2025): $8,584 · +2.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…