ITHACA Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Ithaca averaged 6.79% for the week of 2022-11-23, compared to the national average of 6.58% for the same period.

    The average rate for the prior week (2022-11-17) was 6.62% and one month ago for the week of 2022-10-20, the average rate was 7.25%.

    Ithaca's average rate one year ago was 3.44%.

    For refis of the same type during the week of 2022-11-23, the average rate was 6.6%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-11-23 6.58%
    Ithaca 30 Year Fixed Rate 2022-11-23 6.79%
    Ithaca 30 Year Fixed Rate Refi 2022-11-23 6.6%
    Ithaca 15 Year Fixed Rate 2022-11-23 6.55%
    Ithaca 15 Year Fixed Rate Refi 2022-11-23 6.47%
    Ithaca 30 Year FHA 2022-11-23 0.36%
    Ithaca 30 Year FHA Refi 2022-11-23 0.13%
    Ithaca 30 Year USDA 2022-11-23 -0.25%
    Ithaca 30 Year USDA Refi 2022-11-23 3.37%
    Ithaca 30 Year VA 2022-11-23 0.39%
    Ithaca 30 Year VA Refi 2022-11-23 -0.14%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ITHACA, NY.

    ITHACA Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the ITHACA, NY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Tompkins Trust Company 220 3.05% $3,298
    CFCU Community Credit Union 162 2.99% $1,881
    Elmira Savings Bank 111 3.04% $3,275
    1ST PRIORITY MORTGAGE, INC. 61 2.98% $3,838
    QUICKEN LOANS, LLC 52 3.22% $5,615
    VISIONS 33 3.01% $3,346
    M&T Bank 33 3.16% $4,070
    PARAGON HOME LOANS INC. 16 3.05% $3,451
    MOVEMENT MORTGAGE, LLC 15 3.36% $5,607
    JPMorgan Chase Bank 15 2.94% $3,253
    Wells Fargo Bank 14 3.21% $4,115
    Chemung Canal Trust Company 11 3.10% $2,762
    LOANDEPOT.COM, LLC 10 2.87% $5,375
    BETTER MORTGAGE CORPORATION 8 3.03% $4,737
    KeyBank 8 3.21% $2,668
    Community Bank 8 3.53% $2,639
    Citizens Bank 6 3.13% $4,430
    Bank of America 6 2.88% $4,550
    NAVY FEDERAL CREDIT UNION 5 3.50% $4,964
    CROSSCOUNTRY MORTGAGE, LLC 4 3.66% $8,146
    CORNING 4 2.88% $5,496
    Morgan Stanley Private Bank 3 2.88% $6,567
    Farm Credit East, ACA 3 3.28% $7,972
    FIRST HERITAGE FEDERAL CREDIT UNION 3 2.96% $2,477
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 3.33% $6,110
    HOMESTEAD FUNDING CORP. 3 3.46% $2,264
    AMERICU Credit Union 3 3.42% $3,540
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.75% $4,592
    SEFCU SERVICES, LLC 2 3.13% $2,923
    Flagstar Bank, FSB 2 3.44% $8,177
    PLAZA HOME MORTGAGE, INC. 2 3.00% $5,187
    GUARANTEED RATE, INC. 2 3.19% $4,015
    Citibank 2 3.13% $3,607
    The Lyons National Bank 1 2.88% $5,793
    AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $3,838
    Bank-Fund Staff Federal Credit Union 1 3.00% $3,798
    CIBC Bank USA 1 2.88% $4,734
    City National Bank 1 2.87% $6,169
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.00% $3,613
    DRAPER AND KRAMER MORTGAGE CORP. 1 3.13% $4,032
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.99% $6,313
    First Citizens Community Bank 1 3.00% $3,227
    First Savings Bank 1 3.00% $8,190
    FM Home Loans, LLC 1 3.63% $4,460
    GREENWAY MORTGAGE FUNDING CORP. 1 3.00% $2,890
    GUIDANCE RESIDENTIAL, LLC 1 3.13% $5,459
    HOME TOWN FUNDING, INC. 1 2.50% $2,805
    Mr. Cooper ( Nationstar Mortgage ) 1 3.00% $5,275
    Nassau Educators Federal Credit Union 1 2.88% $3,823
    NBT Bank 1 3.13% $2,541
    North American Savings Bank, F.S.B. 1 2.63% $6,150
    Northwest Bank 1 5.50% $4,768
    PNC Bank 1 3.00% $4,400
    Premium Mortgage Corporation 1 3.25% $3,522
    Quontic Bank 1 3.25% $6,860
    RBC Bank, (Georgia) 1 3.38% $2,934
    RELIANCE FIRST CAPITAL, LLC 1 2.99% $5,058
    SIRVA MORTGAGE, INC. 1 2.75% $0
    SUNMARK FEDERAL CREDIT UNION 1 2.88% $2,812
    SUN WEST MORTGAGE COMPANY, INC. 1 3.50% $4,372
    TEACHERS 1 2.63% $2,981
    Truist 1 3.49% $3,155
    UBS Bank USA 1 2.88% $5,910
    UNITED WHOLESALE MORTGAGE, LLC 1 2.87% $7,112
    U.S. Bank 1 2.63% $3,238
    Valley National Bank 1 3.75% $3,399

    ITHACA Average Closing Costs & Other Stats

    ITHACA, NY's 66 lenders originated 1,944 loans during 2021. The total origination value was $608,080,000, with an average loan value of $312,798.

    ITHACA's average closing costs are $3,169.

    The top ITHACA lender as defined by loan originations is Tompkins Trust Company, with 220 loans originated. Their average total fees are $3,298, which is $1,417 higher than the next largest lender, CFCU Community Credit Union.

    The lowest fee ITHACA lenders (with over 10 loans originated) are CFCU Community Credit Union ($1,881), Chemung Canal Trust Company ($2,762), JPMorgan Chase Bank ($3,253), Elmira Savings Bank ($3,275) and Tompkins Trust Company ($3,298).

    The lowest rate ITHACA lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (2.87%), JPMorgan Chase Bank (2.94%), 1ST PRIORITY MORTGAGE, INC. (2.98%), CFCU Community Credit Union (2.99%) and VISIONS (3.01%).

    ITHACA, NY Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Tompkins Trust Company $154,545,000 $118,190,000 -23.5% 19.4%
    CFCU Community Credit Union $94,890,000 $74,295,000 -21.7% 12.2%
    WALKER & DUNLOP, LLC $68,005,000 n/a 11.2%
    Elmira Savings Bank $55,175,000 $54,510,000 -1.2% 9.0%
    M&T Realty Capital Corporation $47,105,000 n/a 7.7%
    NBT Bank $485,000 $28,230,000 5,720.6% 4.6%
    QUICKEN LOANS, LLC $17,920,000 $24,545,000 37.0% 4.0%
    Manufacturers and Traders Trust Company $20,190,000 $20,855,000 3.3% 3.4%
    1ST PRIORITY MORTGAGE, INC. $13,185,000 $19,650,000 49.0% 3.2%
    VISIONS $4,915,000 $18,435,000 275.1% 3.0%
    KeyBank $6,280,000 $13,850,000 120.5% 2.3%
    Chemung Canal Trust Company $13,700,000 n/a 2.3%
    Empower Federal Credit Union $285,000 $6,780,000 2,278.9% 1.1%
    Wells Fargo Bank $3,310,000 $6,725,000 103.2% 1.1%
    Tioga State Bank $6,315,000 $6,260,000 -0.9% 1.0%
    JPMorgan Chase Bank $2,900,000 $5,510,000 90.0% 0.9%
    PARAGON HOME LOANS INC. $3,850,000 $5,110,000 32.7% 0.8%
    MOVEMENT MORTGAGE, LLC $3,650,000 $4,915,000 34.7% 0.8%
    LOANDEPOT.COM, LLC $1,710,000 $4,830,000 182.5% 0.8%
    CORNING $5,255,000 $4,405,000 -16.2% 0.7%
    Alternatives Federal Credit Union $5,305,000 $4,135,000 -22.1% 0.7%
    Community Bank $5,610,000 $3,980,000 -29.1% 0.7%
    Citizens Bank $1,980,000 $3,830,000 93.4% 0.6%
    NAVY FEDERAL CREDIT UNION $1,555,000 $3,825,000 146.0% 0.6%
    Bank of America $2,530,000 $3,775,000 49.2% 0.6%
    BETTER MORTGAGE CORPORATION $785,000 $3,590,000 357.3% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $815,000 $2,560,000 214.1% 0.4%
    STATE EMPLOYEES FEDERAL CREDIT UNION $140,000 $2,280,000 1,528.6% 0.4%
    Mortgage Research Center, LLC $185,000 $2,145,000 1,059.5% 0.4%
    Morgan Stanley Private Bank $605,000 $1,715,000 183.5% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $925,000 $1,615,000 74.6% 0.3%
    Farm Credit East, ACA $660,000 $1,530,000 131.8% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $1,505,000 n/a 0.2%
    The Lyons National Bank $1,190,000 $965,000 -18.9% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $855,000 n/a 0.1%
    AMERICU Credit Union $395,000 $820,000 107.6% 0.1%
    HOMESTEAD FUNDING CORP. $940,000 $800,000 -14.9% 0.1%
    PNC Bank $105,000 $790,000 652.4% 0.1%
    USAA Federal Savings Bank $2,395,000 $730,000 -69.5% 0.1%
    Barrington Bank & Trust Company, N.A. $105,000 $720,000 585.7% 0.1%
    Citizens & Northern Bank $885,000 $690,000 -22.0% 0.1%
    CALIBER HOME LOANS, INC. $265,000 $625,000 135.8% 0.1%
    TIAA, FSB $205,000 $590,000 187.8% 0.1%
    City National Bank $585,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $795,000 $550,000 -30.8% 0.1%
    Flagstar Bank, FSB $540,000 n/a 0.1%
    Geddes Federal Savings and Loan Association $115,000 $530,000 360.9% 0.1%
    PLAZA HOME MORTGAGE, INC. $440,000 $515,000 17.0% 0.1%
    North American Savings Bank, F.S.B. $510,000 $500,000 -2.0% 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $185,000 $470,000 154.1% 0.1%
    SIRVA MORTGAGE, INC. $455,000 n/a 0.1%
    SEFCU SERVICES, LLC $265,000 $440,000 66.0% 0.1%
    NBKC BANK $415,000 n/a 0.1%
    FIRST HERITAGE FEDERAL CREDIT UNION $120,000 $400,000 233.3% 0.1%
    Citibank $1,595,000 $390,000 -75.5% 0.1%
    NEWREZ LLC $390,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $130,000 $375,000 188.5% 0.1%
    Seneca Savings $375,000 n/a 0.1%
    COMMONFUND MORTGAGE CORP. $370,000 n/a 0.1%
    Genesee Regional Bank $365,000 n/a 0.1%
    UNITED WHOLESALE MORTGAGE, LLC $1,445,000 $360,000 -75.1% 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $195,000 $330,000 69.2% 0.1%
    GUARANTEED RATE, INC. $665,000 $330,000 -50.4% 0.1%
    Carrington Mortgage Services, LLC $320,000 $320,000 0.0% 0.1%
    UTILITIES EMPLOYEES CREDIT UNION $320,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $1,190,000 $310,000 -73.9% 0.1%
    RBC Bank, (Georgia) $335,000 $305,000 -9.0% 0.1%
    Visio Financial Services Inc. $285,000 n/a 0.0%
    AMERICAN INTERNET MORTGAGE, INC. $265,000 n/a 0.0%
    LENDINGHOME FUNDING CORPORATION $265,000 n/a 0.0%
    PHH Mortgage Corporation $255,000 n/a 0.0%
    21ST MORTGAGE CORPORATION $150,000 $250,000 66.7% 0.0%
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $245,000 n/a 0.0%
    Premium Mortgage Corporation $500,000 $245,000 -51.0% 0.0%
    FREEDOM MORTGAGE CORPORATION $345,000 $240,000 -30.4% 0.0%
    Baxter Credit Union $235,000 n/a 0.0%
    CIBC Bank USA $235,000 n/a 0.0%
    FM Home Loans, LLC $235,000 n/a 0.0%
    SERVU FEDERAL CREDIT UNION $85,000 $235,000 176.5% 0.0%
    Valley National Bank $235,000 n/a 0.0%
    DRAPER AND KRAMER MORTGAGE CORP. $225,000 n/a 0.0%
    First Federal Bank $225,000 n/a 0.0%
    UBS Bank USA $225,000 n/a 0.0%
    VELOCITY COMMERCIAL CAPITAL, LLC $225,000 n/a 0.0%
    Truist Bank $215,000 n/a 0.0%
    Quontic Bank $550,000 $205,000 -62.7% 0.0%
    Tyndall Federal Credit Union $205,000 n/a 0.0%
    First Savings Bank $195,000 n/a 0.0%
    First Citizens Community Bank $185,000 n/a 0.0%
    GREENWAY MORTGAGE FUNDING CORP. $185,000 n/a 0.0%
    Cathay Bank $175,000 n/a 0.0%
    HOME POINT FINANCIAL CORPORATION $175,000 n/a 0.0%
    Bank-Fund Staff Federal Credit Union $165,000 n/a 0.0%
    Nassau Educators Federal Credit Union $165,000 n/a 0.0%
    TEACHERS $165,000 n/a 0.0%
    Ulster Savings Bank $165,000 n/a 0.0%
    GUIDANCE RESIDENTIAL, LLC $155,000 n/a 0.0%
    Northwest Bank $5,445,000 $155,000 -97.2% 0.0%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $145,000 n/a 0.0%
    HOME TOWN FUNDING, INC. $540,000 $145,000 -73.1% 0.0%
    NATIONWIDE MORTGAGE BANKERS, INC. $240,000 $145,000 -39.6% 0.0%
    Wayne Bank $145,000 n/a 0.0%
    FINGER LAKES $135,000 n/a 0.0%
    HSBC BANK USA, NATIONAL ASSOCIATION $105,000 $125,000 19.0% 0.0%
    THE SUMMIT Federal Credit Union $155,000 $100,000 -35.5% 0.0%
    AMERICAN FINANCIAL NETWORK, INC. $345,000 $95,000 -72.5% 0.0%
    SUN WEST MORTGAGE COMPANY, INC. $145,000 $95,000 -34.5% 0.0%
    SUNMARK FEDERAL CREDIT UNION $85,000 n/a 0.0%
    U.S. Bank $650,000 $85,000 -86.9% 0.0%
    AFFINITY $105,000 $75,000 -28.6% 0.0%
    HUDSON VALLEY CREDIT UNION $95,000 $55,000 -42.1% 0.0%
    Third Federal Savings and Loan Association of Cleveland $275,000 $45,000 -83.6% 0.0%
    Centier Bank $25,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $25,000 $15,000 -40.0% 0.0%
    COUNTRYSIDE Federal Credit Union $15,000 n/a 0.0%

    ITHACA's top lender by overall market share is Tompkins Trust Company, with 19.4% market share. In second place, with 12.2%, is CFCU Community Credit Union, having originated $74,295,000 in loans. In third place, with 11.2%, is WALKER & DUNLOP, LLC, having originated $68,005,000 in loans. In fourth place, with 9.0%, is Elmira Savings Bank, having originated $54,510,000 in loans. In fifth place, with 7.7%, is M&T Realty Capital Corporation, having originated $47,105,000 in loans.

    ITHACA Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - ITHACA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $240,000 (-2.3%) $329,192 (6.5%) 0.00 181
    2018-02-01 $254,725 (-2.2%) $331,638 (0.8%) 0.00 175
    2018-03-01 $268,500 (-3.2%) $334,450 (-1.7%) 0.00 193
    2018-04-01 $264,167 (-5.6%) $328,622 (-3.9%) 0.00 213
    2018-05-01 $284,700 (1.3%) $335,569 (-4.6%) 0.00 238
    2018-06-01 $269,000 (-3.9%) $329,591 (-8.0%) 0.00 266
    2018-07-01 $259,175 (-7.4%) $314,746 (-10.0%) 0.00 270
    2018-08-01 $249,900 (-7.2%) $308,014 (-10.5%) 0.00 274
    2018-09-01 $249,750 (-5.7%) $313,127 (-7.6%) 0.00 268
    2018-10-01 $252,225 (-8.3%) $308,959 (-9.8%) 0.00 248
    2018-11-01 $249,500 (-6.9%) $322,440 (-4.5%) 0.00 219
    2018-12-01 $239,000 (-8.0%) $332,200 (-1.9%) 0.00 191
    2019-01-01 $235,000 (-2.1%) $329,809 (0.2%) 0.00 170
    2019-02-01 $238,950 (-6.2%) $341,405 (3.0%) 0.00 186
    2019-03-01 $261,286 (-2.7%) $366,938 (9.7%) 0.00 216
    2019-04-01 $272,911 (3.3%) $373,022 (13.5%) 0.00 239
    2019-05-01 $271,500 (-4.6%) $375,032 (11.8%) 0.00 255
    2019-06-01 $275,000 (2.2%) $350,116 (6.2%) 0.00 278
    2019-07-01 $274,950 (6.1%) $348,706 (10.8%) 0.00 266
    2019-08-01 $275,182 (10.1%) $347,728 (12.9%) 0.00 262
    2019-09-01 $269,455 (7.9%) $342,977 (9.5%) 0.00 257
    2019-10-01 $263,500 (4.5%) $336,070 (8.8%) 0.00 249
    2019-11-01 $249,900 (0.2%) $317,317 (-1.6%) 0.00 222
    2019-12-01 $254,750 (6.6%) $327,500 (-1.4%) 0.00 179
    2020-01-01 $254,700 (8.4%) $332,398 (0.8%) 0.00 149
    2020-02-01 $276,000 (15.5%) $354,079 (3.7%) 0.00 150
    2020-03-01 $279,400 (6.9%) $356,648 (-2.8%) 0.00 171
    2020-04-01 $279,950 (2.6%) $355,452 (-4.7%) 0.00 161
    2020-05-01 $299,450 (10.3%) $375,633 (0.2%) 0.00 169
    2020-06-01 $294,950 (7.3%) $357,974 (2.2%) 0.00 176
    2020-07-01 $290,750 (5.8%) $346,643 (-0.6%) 0.00 192
    2020-08-01 $288,000 (4.7%) $345,829 (-0.6%) 0.00 171
    2020-09-01 $286,225 (6.2%) $364,011 (6.1%) 0.00 147
    2020-10-01 $288,000 (9.3%) $367,289 (9.3%) 0.00 133
    2020-11-01 $271,725 (8.7%) $389,279 (22.7%) 0.00 129
    2020-12-01 $273,750 (7.5%) $397,837 (21.5%) 0.00 119
    2021-01-01 $299,000 (17.4%) $451,239 (35.8%) 0.00 92
    2021-02-01 $301,500 (9.2%) $440,217 (24.3%) 0.00 83
    2021-03-01 $305,500 (9.3%) $422,824 (18.6%) 0.00 68
    2021-04-01 $299,000 (6.8%) $420,796 (18.4%) 0.00 68
    2021-05-01 $300,000 (0.2%) $435,694 (16.0%) 0.00 83
    2021-06-01 $296,500 (0.5%) $402,879 (12.5%) 0.00 78
    2021-07-01 $269,000 (-7.5%) $369,217 (6.5%) 0.00 88
    2021-08-01 $295,000 (2.4%) $401,880 (16.2%) 0.00 88
    2021-09-01 $277,000 (-3.2%) $394,136 (8.3%) 0.00 75
    2021-10-01 $282,000 (-2.1%) $384,101 (4.6%) 0.00 59
    2021-11-01 $295,250 (8.7%) $386,959 (-0.6%) 0.00 63
    2021-12-01 $293,250 (7.1%) $383,325 (-3.7%) 0.00 43
    2022-01-01 $327,000 (9.4%) $434,910 (-3.6%) 0.00 39
    2022-02-01 $355,000 (17.7%) $427,106 (-3.0%) 0.00 43
    2022-03-01 $394,250 (29.1%) $474,068 (12.1%) 0.00 60
    2022-04-01 $375,000 (25.4%) $465,741 (10.7%) 0.00 66
    2022-05-01 $383,725 (27.9%) $489,329 (12.3%) 0.00 83
    2022-06-01 $352,450 (18.9%) $470,654 (16.8%) 0.00 93
    2022-07-01 $345,000 (28.3%) $439,563 (19.1%) 0.00 110
    2022-08-01 $333,725 (13.1%) $448,805 (11.7%) 0.00 107
    2022-09-01 $319,950 (15.5%) $438,467 (11.3%) 0.00 108
    2022-10-01 $317,450 (12.6%) $451,820 (17.6%) 0.00 97
    ITHACA's median listing price for 2022-10-01 was $317,450, a difference of $35,450 (12.6%) versus the prior year and $-2,500 versus the prior month.

    ITHACA's median listing price comes in at 0% of the national average.

    ITHACA's average listing price for 2022-10-01 was $451,820, a difference of $67,719 (17.6%) versus the prior year and $13,353 versus the prior month.

    For the 2022-10-01 period, ITHACA had 97 MLS listings, a difference of -11 listings (-10%) versus the prior month and 38 listings (64%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - ITHACA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,990 sqft
    2018-02-01 0 days 1,976 sqft
    2018-03-01 0 days 2,063 sqft
    2018-04-01 0 days 2,010 sqft
    2018-05-01 0 days 2,038 sqft
    2018-06-01 0 days 2,020 sqft
    2018-07-01 0 days 1,974 sqft
    2018-08-01 0 days 1,957 sqft
    2018-09-01 0 days 1,963 sqft
    2018-10-01 0 days 1,986 sqft
    2018-11-01 0 days 1,899 sqft
    2018-12-01 0 days 1,819 sqft
    2019-01-01 0 days 1,796 sqft
    2019-02-01 0 days 1,791 sqft
    2019-03-01 0 days 1,957 sqft
    2019-04-01 0 days 2,028 sqft
    2019-05-01 0 days 1,963 sqft
    2019-06-01 0 days 1,940 sqft
    2019-07-01 0 days 2,019 sqft
    2019-08-01 0 days 2,076 sqft
    2019-09-01 0 days 2,115 sqft
    2019-10-01 0 days 2,136 sqft
    2019-11-01 0 days 2,060 sqft
    2019-12-01 0 days 2,024 sqft
    2020-01-01 0 days 2,072 sqft
    2020-02-01 0 days 2,027 sqft
    2020-03-01 0 days 1,966 sqft
    2020-04-01 0 days 1,920 sqft
    2020-05-01 0 days 1,979 sqft
    2020-06-01 0 days 1,996 sqft
    2020-07-01 0 days 1,990 sqft
    2020-08-01 0 days 2,046 sqft
    2020-09-01 0 days 2,050 sqft
    2020-10-01 0 days 2,086 sqft
    2020-11-01 0 days 2,079 sqft
    2020-12-01 0 days 2,088 sqft
    2021-01-01 0 days 2,240 sqft
    2021-02-01 0 days 2,088 sqft
    2021-03-01 0 days 1,985 sqft
    2021-04-01 0 days 1,802 sqft
    2021-05-01 0 days 1,951 sqft
    2021-06-01 0 days 1,893 sqft
    2021-07-01 0 days 1,808 sqft
    2021-08-01 0 days 1,972 sqft
    2021-09-01 0 days 1,852 sqft
    2021-10-01 0 days 1,835 sqft
    2021-11-01 0 days 1,887 sqft
    2021-12-01 0 days 2,002 sqft
    2022-01-01 0 days 2,158 sqft
    2022-02-01 0 days 2,306 sqft
    2022-03-01 0 days 2,143 sqft
    2022-04-01 0 days 2,068 sqft
    2022-05-01 0 days 2,118 sqft
    2022-06-01 0 days 2,113 sqft
    2022-07-01 0 days 2,100 sqft
    2022-08-01 0 days 2,054 sqft
    2022-09-01 0 days 1,964 sqft
    2022-10-01 0 days 1,904 sqft
    ITHACA's median listing age (time on market) for 2022-10-01 was 0 days.

    ITHACA's median square footage for active listings during the 2022-10-01 period was 1,904 sqft. One year prior, the average listing was 1,835 sqft.

    ITHACA, NY Average Rent (2022)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    13045 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    13053 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    13062 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    13068 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    13073 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    13081 Ithaca, NY $1,060 $1,130 $1,370 $1,750 $1,860
    13092 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    13102 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    13736 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    13864 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    14817 Ithaca, NY $890 $950 $1,150 $1,470 $1,640
    14850 Ithaca, NY $1,110 $1,190 $1,440 $1,840 $1,950
    14851 Ithaca, NY $1,060 $1,130 $1,370 $1,750 $1,860
    14852 Ithaca, NY $1,060 $1,130 $1,370 $1,750 $1,860
    14853 Ithaca, NY $1,110 $1,190 $1,440 $1,840 $1,950
    14854 Ithaca, NY $960 $1,030 $1,250 $1,600 $1,700
    14867 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    14881 Ithaca, NY $960 $1,030 $1,250 $1,600 $1,700
    14882 Ithaca, NY $1,250 $1,340 $1,620 $2,070 $2,200
    14883 Ithaca, NY $890 $950 $1,150 $1,460 $1,640
    14886 Ithaca, NY $960 $1,030 $1,250 $1,600 $1,700

    2022 Average & Median Rent Data Statistics
    ITHACA, NY average 1BR rent: $1,029, median: $950
    ITHACA, NY average 2BR rent: $1,246, median: $1,150
    ITHACA, NY average 3BR rent: $1,587, median: $1,460

    ITHACA, NY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 873 $275,465,000 $315,538
    Refi 473 $214,615,000 $453,732
    Cash Out Refi 361 $85,545,000 $236,967
    Other 137 $21,505,000 $156,971
    Home Improvement 100 $10,950,000 $109,500

    Ithaca's most frequently cited loan purpose was Home Purchase, with 873 originations. The 2nd most popular reason was Refi, with 473 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 901 $206,655,000 $229,362
    3-4% 555 $247,545,000 $446,027
    <2.5% 319 $64,955,000 $203,621
    4-5% 62 $14,760,000 $238,065
    5-6% 19 $14,485,000 $762,368
    6-7% 8 $600,000 $75,000
    7-8% 3 $255,000 $85,000
    Over 8% 2 $140,000 $70,000

    During 2021, Ithaca's most frequently originated rate bucket was 2.5-3%, with 901 originations.

    Loan Sizing (ITHACA, NY MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 795 $216,835,000 $272,748
    $100k-200k 704 $106,190,000 $150,838
    $100,000 or less 274 $16,240,000 $59,270
    $400k-600k 120 $57,650,000 $480,417
    $600k-1000k 27 $19,965,000 $739,444
    $Over $1MM 24 $191,200,000 $7,966,667

    ITHACA's loan sizing saw the bucket of loans from $200k-400k with 795 originations, totaling $216,835,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    60-80% 755 $293,695,000 $389,000
    80-100% 575 $161,155,000 $280,270
    40-60% 305 $65,735,000 $215,525
    20-40% 153 $19,255,000 $125,850
    Under 20% 73 $4,805,000 $65,822
    Over 100% 8 $4,080,000 $510,000

    ITHACA's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 755 originations, totaling $293,695,000 in origination value.