48847 Home Values & Market Trends

There are 82 homes currently listed for 48847. 48847 real estate market trends show that home prices range from $54,000 to $349,000, and the median sales price in the 48847 zip code is $178,007. The total number of properties sold within the past twelve months is 39. In 48847, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

48847 Real Estate Market Overview

CityMedian Est. Value
Ithaca

$ 178,007

$ 113/sqft

Housing Market Summary for 48847

Sep 2025September 2026Change
Median Listing Price$169K$172.2K1.89%
Median Sold Price$163.8K$160K-2.33%
Homes For Sale588139.66%
Homes Sold4211-73.81%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48847

The median list price of a home in Ithaca, is $178,007. A total of 82 properties are for sale, and the percentage of properties for sale in the zip code is 82.00%. The total count of 48847 properties is 93.

Foreclosure
There is 1 cities within 48847; within this cities, the median estimated home value for homes in foreclosure ranges from $156,417 in ithaca to the lowest value of $156,417 in ithaca. Foreclosure homes account for 1.00% of properties in 48847 with ithaca containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48847 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48847; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48847 ranges from the highest value of $156,417 in ithaca to the lowest value of $156,417 in ithaca. Bank owned homes and properties account for 1.08% of properties in 48847. There is 1 cities within 48847; ithaca containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 48847. Auction homes and other auction properties account for 0% of all properties in 48847. There is 1 cities within 48847; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 88.17% of residential properties in 48847 with ithaca containing 82 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48847; homes for sale in that cities, have a range of median values from $550,000 in ithaca to the lowest value of $47,779 in ithaca.
    Sold Homes
    The median value for recently sold homes ranges from $303,635 in ithaca to the lowest price of $57,524 in ithaca. There is 1 cities within 48847. ithaca has 9 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 9.68% of properties in 48847.

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      Guide for 48847

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.