Tompkins County, NY Home Values & Market Trends
The median home price in Tompkins County, NY is $290,864.38. There were 865 home sales in Tompkins County, NY over the past 12 months. The median residential Tompkins County, NY home value for transactions over the previous year is $272,500. The number of current listings in Tompkins County, NY is 140, and the percentage of properties for sale is 140.00%. The county has 80 foreclosures, 2 bank owned properties, 0 headed for auction, and 140 properties for sale.
Tompkins County, NY Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Ithaca | $ 374,000 $ 187/sqft | Lansing | $ 175,000 $ 164/sqft |
Trumansburg | $ 273,867 $ 168/sqft | Brooktondale | $ 289,092 $ 187/sqft |
Groton | $ 184,221 $ 109/sqft | Slaterville Springs | $ -- $ -- |
Freeville | $ 266,626 $ 169/sqft | Etna | $ -- $ -- |
Newfield | $ 189,900 $ 117/sqft | Mc Lean | $ -- $ -- |
Dryden | $ 211,600 $ 137/sqft | Jacksonville | $ -- $ -- |
Housing Market Summary for Tompkins County, NY
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $349K | $304.9K | -12.63% |
Median Sold Price | $291.2K | $304.9K | 4.72% |
Homes For Sale | 130 | 103 | -20.77% |
Homes Sold | 376 | 315 | -16.22% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Tompkins County, NY
Browse Homes in Tompkins County, NY
Tompkins County, NY home values range from $19,136 to $3,397,245. Freeville is the priciest city with a median listing home price of $407,000, and Lansing is most affordable with average house prices of around $175,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.34% of all residential properties in Tompkins County, NY with Ithaca containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 12 cities within Tompkins County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $563,800 in Brooktondale to the lowest home value of $75,145 in Trumansburg.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Tompkins County, NY ranges from the highest value of $106,000 in Groton to the lowest value of $106,000 in Lansing. Bank owned homes and properties account for 0.01% of properties in Tompkins County, NY. There are 12 cities within Tompkins County, NY; Lansing containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Tompkins County, NY. Auction homes and other auction properties account for 0% of all properties in Tompkins County, NY. There are 12 cities within Tompkins County, NY; of those 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.
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More Real Estate Resources for Tompkins County, NY
Guide for Tompkins County, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.