ITHACA Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Ithaca averaged 6.18% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

The average rate for the prior week (2025-04-03) was 6.2% and one month ago for the week of 2025-03-06, the average rate was 6.09%.

Ithaca's average rate one year ago was 6.68%.

For refis of the same type during the week of 2025-04-10, the average rate was 6.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Ithaca 30 Year Fixed Rate 2025-04-10 6.18%
Ithaca 30 Year Fixed Rate Refi 2025-04-10 6.62%
Ithaca 15 Year Fixed Rate 2025-04-10 5.82%
Ithaca 15 Year Fixed Rate Refi 2025-04-10 6.12%
Ithaca 30 Year FHA 2025-04-10 6.63%
Ithaca 30 Year FHA Refi 2025-04-10 6.53%
Ithaca 30 Year USDA 2025-04-10 6.35%
Ithaca 30 Year USDA Refi 2025-04-10 6.55%
Ithaca 30 Year VA 2025-04-10 6.19%
Ithaca 30 Year VA Refi 2025-04-10 6.29%
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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
CFCU Community Credit Union 126 5.92% $436
Tompkins Trust Company 118 6.31% $4,163
Community Bank 41 6.91% $3,316
1ST PRIORITY MORTGAGE, INC. 32 6.75% $5,329
QUICKEN LOANS, LLC 24 6.96% $7,309
M&T Bank 21 6.53% $5,367
Alternatives Federal Credit Union 8 5.69% $3,685
JPMorgan Chase Bank 6 6.58% $3,933
NAVY FEDERAL CREDIT UNION 6 6.19% $5,318
MOVEMENT MORTGAGE, LLC 6 7.30% $6,010
EVERETT FINANCIAL, INC. 5 6.50% $6,861
AMERICU Credit Union 4 6.41% $4,733
Morgan Stanley Private Bank 4 6.04% $9,163
KeyBank 3 6.75% $3,493
UNITED WHOLESALE MORTGAGE, LLC 3 6.33% $13,480
Citizens Bank 2 7.19% $6,898
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.75% $8,574
Chemung Canal Trust Company 2 6.56% $2,929
CROSSCOUNTRY MORTGAGE, LLC 2 7.50% $7,768
Farm Credit East, ACA 2 8.00% $4,929
Genesee Regional Bank 2 6.75% $10,536
Mr. Cooper ( Nationstar Mortgage ) 2 6.25% $7,413
NBT Bank 2 5.81% $6,900
PNC Bank 2 6.00% $6,207
Premium Mortgage Corporation 2 6.56% $4,228
Wells Fargo Bank 2 6.69% $10,786
GUARANTEED RATE, INC. 1 6.63% $6,272
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.99% $9,345
HOME TOWN FUNDING, INC. 1 6.50% $2,950
CORNING 1 6.50% $4,961
CMG MORTGAGE, INC. 1 7.38% $7,087
LOANDEPOT.COM, LLC 1 5.63% $5,658
CLIFFCO, INC. 1 6.63% $7,601
Barrington Bank & Trust Company, N.A. 1 6.99% $3,559
ABSOLUTE HOME MORTGAGE CORPORATION 1 6.88% $7,365
Bank of America 1 5.38% $4,522
ALLIANT CREDIT UNION 1 6.25% $4,942
NBKC BANK 1 6.63% $3,762
UBS Bank USA 1 6.50% $7,232
NEWREZ LLC 1 6.50% $4,469
PARAGON HOME LOANS INC. 1 6.25% $6,140
PENNYMAC LOAN SERVICES, LLC 1 7.38% $6,813
21ST MORTGAGE CORPORATION 1 8.51% $6,837
USAA Federal Savings Bank 1 7.13% $2,724
Alerus Financial 1 6.88% $6,876
Quontic Bank 1 7.75% $12,498
ROYAL UNITED MORTGAGE LLC 1 6.25% $6,040
Empower Federal Credit Union 1 5.88% $4,018
ESL Federal Credit Union 1 6.88% $4,080
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 7.00% $6,409
TD Bank 1 7.00% $10,500
First National Bank of Pennsylvania 1 7.00% $5,048
Five Star Bank 1 6.63% $4,028
TEACHERS 1 5.75% $13,477

ITHACA Average Closing Costs & Other Stats

ITHACA, NY's 54 lenders originated 1,051 loans during 2024. The total origination value was $1,068,195,000, with an average loan value of $1,016,361.

ITHACA's average closing costs are $3,485.

The top ITHACA lender as defined by loan originations is CFCU Community Credit Union, with 126 loans originated. Their average total fees are $436, which is $3,727 lower than the next largest lender, Tompkins Trust Company.

The lowest fee ITHACA lenders (with over 10 loans originated) are CFCU Community Credit Union ($436), Community Bank ($3,316), Tompkins Trust Company ($4,163), 1ST PRIORITY MORTGAGE, INC. ($5,329) and M&T Bank ($5,367).

The lowest rate ITHACA lenders (with over 10 loans originated) are CFCU Community Credit Union (5.92%), Tompkins Trust Company (6.31%), M&T Bank (6.53%), 1ST PRIORITY MORTGAGE, INC. (6.75%) and Community Bank (6.91%).

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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
JONES LANG LASALLE MULTIFAMILY, LLC $359,090,000 $688,450,000 91.7% 64.4%
Tompkins Trust Company $73,335,000 $85,545,000 16.6% 8.0%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $56,575,000 n/a 5.3%
CFCU Community Credit Union $50,450,000 $46,540,000 -7.8% 4.4%
Five Star Bank $440,000 $40,340,000 9,068.2% 3.8%
Community Bank $26,665,000 $19,475,000 -27.0% 1.8%
NEXTIER BANK, NATIONAL ASSOCIATION $34,710,000 $18,495,000 -46.7% 1.7%
1ST PRIORITY MORTGAGE, INC. $9,675,000 $11,350,000 17.3% 1.1%
M&T Bank $11,585,000 $10,675,000 -7.9% 1.0%
QUICKEN LOANS, LLC $8,070,000 $9,130,000 13.1% 0.9%
JPMorgan Chase Bank $1,455,000 $8,280,000 469.1% 0.8%
M&T Realty Capital Corporation $4,975,000 n/a 0.5%
Tioga State Bank $4,705,000 $4,705,000 0.0% 0.4%
NAVY FEDERAL CREDIT UNION $1,680,000 $2,890,000 72.0% 0.3%
The First National Bank of Groton $2,540,000 $2,485,000 -2.2% 0.2%
UNITED WHOLESALE MORTGAGE, LLC $1,895,000 $2,395,000 26.4% 0.2%
Alternatives Federal Credit Union $4,285,000 $2,355,000 -45.0% 0.2%
Mortgage Research Center, LLC $1,225,000 $2,255,000 84.1% 0.2%
Chemung Canal Trust Company $13,450,000 $2,240,000 -83.3% 0.2%
First National Bank of Dryden $2,680,000 $2,150,000 -19.8% 0.2%
Citizens Bank $1,545,000 $2,085,000 35.0% 0.2%
EVERETT FINANCIAL, INC. $2,075,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $2,580,000 $2,075,000 -19.6% 0.2%
AMERICU Credit Union $775,000 $2,030,000 161.9% 0.2%
KeyBank $1,905,000 $1,860,000 -2.4% 0.2%
Morgan Stanley Private Bank $525,000 $1,680,000 220.0% 0.2%
Genesee Regional Bank $145,000 $1,270,000 775.9% 0.1%
VISIONS $2,635,000 $1,195,000 -54.6% 0.1%
NBT Bank $515,000 $1,170,000 127.2% 0.1%
PNC Bank $400,000 $1,150,000 187.5% 0.1%
TD Bank $1,265,000 $935,000 -26.1% 0.1%
Farm Credit East, ACA $765,000 $930,000 21.6% 0.1%
Premium Mortgage Corporation $1,535,000 $845,000 -45.0% 0.1%
CORNING $200,000 $840,000 320.0% 0.1%
21ST MORTGAGE CORPORATION $765,000 $825,000 7.8% 0.1%
Bank of America $1,835,000 $810,000 -55.9% 0.1%
Mr. Cooper ( Nationstar Mortgage ) $85,000 $805,000 847.1% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $1,460,000 $785,000 -46.2% 0.1%
The Lyons National Bank $515,000 $660,000 28.2% 0.1%
FINGER LAKES $150,000 $645,000 330.0% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $640,000 n/a 0.1%
Wells Fargo Bank $2,090,000 $620,000 -70.3% 0.1%
TRIAD FINANCIAL SERVICES, INC. $45,000 $615,000 1,266.7% 0.1%
PENNYMAC LOAN SERVICES, LLC $565,000 $600,000 6.2% 0.1%
UBS Bank USA $595,000 n/a 0.1%
A&D Mortgage LLC $205,000 $570,000 178.0% 0.1%
LOANDEPOT.COM, LLC $1,170,000 $510,000 -56.4% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $505,000 n/a 0.0%
USAA Federal Savings Bank $235,000 $500,000 112.8% 0.0%
U.S. Bank $485,000 n/a 0.0%
Discover Bank $180,000 $470,000 161.1% 0.0%
TEACHERS $445,000 n/a 0.0%
HOME TOWN FUNDING, INC. $425,000 n/a 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $410,000 n/a 0.0%
Alerus Financial $385,000 n/a 0.0%
Carrington Mortgage Services, LLC $340,000 n/a 0.0%
Flagstar Bank, FSB $155,000 $335,000 116.1% 0.0%
GUARANTEED RATE, INC. $665,000 $335,000 -49.6% 0.0%
Quontic Bank $325,000 n/a 0.0%
STATE EMPLOYEES FEDERAL CREDIT UNION $1,880,000 $325,000 -82.7% 0.0%
Citizens & Northern Bank $195,000 $305,000 56.4% 0.0%
NORTHERN CREDIT UNION $295,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $205,000 $285,000 39.0% 0.0%
CMG MORTGAGE, INC. $275,000 n/a 0.0%
ALLIANT CREDIT UNION $265,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $125,000 $260,000 108.0% 0.0%
Empower Federal Credit Union $645,000 $250,000 -61.2% 0.0%
NEWREZ LLC $250,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $475,000 $235,000 -50.5% 0.0%
CLIFFCO, INC. $225,000 n/a 0.0%
COREVEST AMERICAN FINANCE LENDER LLC $225,000 n/a 0.0%
NBKC BANK $290,000 $225,000 -22.4% 0.0%
PLAZA HOME MORTGAGE, INC. $185,000 $225,000 21.6% 0.0%
Barrington Bank & Trust Company, N.A. $430,000 $215,000 -50.0% 0.0%
ESL Federal Credit Union $215,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $200,000 n/a 0.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $570,000 $195,000 -65.8% 0.0%
Geddes Federal Savings and Loan Association $235,000 $195,000 -17.0% 0.0%
The Federal Savings Bank $155,000 $195,000 25.8% 0.0%
First National Bank of Pennsylvania $185,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $315,000 $185,000 -41.3% 0.0%
FREEDOM MORTGAGE CORPORATION $175,000 n/a 0.0%
PARAGON HOME LOANS INC. $2,885,000 $175,000 -93.9% 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $165,000 n/a 0.0%
SEFCU SERVICES, LLC $635,000 $165,000 -74.0% 0.0%
ROYAL UNITED MORTGAGE LLC $550,000 $150,000 -72.7% 0.0%
AFFINITY $145,000 n/a 0.0%
RF Renovo Management Company, LLC $145,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $530,000 $110,000 -79.2% 0.0%
Cathay Bank $265,000 $105,000 -60.4% 0.0%
THE SUMMIT Federal Credit Union $75,000 $80,000 6.7% 0.0%
Citibank $55,000 n/a 0.0%
FIRST HERITAGE FEDERAL CREDIT UNION $205,000 $35,000 -82.9% 0.0%
Wayne Bank $75,000 $15,000 -80.0% 0.0%

ITHACA's top lender by overall market share is JONES LANG LASALLE MULTIFAMILY, LLC, with 64.4% market share. In second place, with 8.0%, is Tompkins Trust Company, having originated $85,545,000 in loans. In third place, with 5.3%, is BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC, having originated $56,575,000 in loans. In fourth place, with 4.4%, is CFCU Community Credit Union, having originated $46,540,000 in loans. In fifth place, with 3.8%, is Five Star Bank, having originated $40,340,000 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 (-1.5%) $329,192 (6.6%) 0.00 181
2018-02-01 $254,725 (-1.3%) $331,638 (1.0%) 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 $251,150 (-6.7%) $308,292 (-10.4%) 0.00 274
2018-09-01 $250,000 (-5.6%) $313,434 (-7.5%) 0.00 267
2018-10-01 $253,250 (-8.0%) $309,273 (-9.7%) 0.00 247
2018-11-01 $250,875 (-6.4%) $322,854 (-4.4%) 0.00 218
2018-12-01 $239,000 (-8.0%) $332,772 (-1.8%) 0.00 190
2019-01-01 $235,500 (-1.9%) $330,393 (0.4%) 0.00 169
2019-02-01 $239,450 (-6.0%) $341,703 (3.0%) 0.00 186
2019-03-01 $261,286 (-2.7%) $366,936 (9.7%) 0.00 216
2019-04-01 $272,911 (3.3%) $373,016 (13.5%) 0.00 239
2019-05-01 $271,500 (-4.6%) $375,032 (11.8%) 0.00 254
2019-06-01 $275,000 (2.2%) $350,098 (6.2%) 0.00 277
2019-07-01 $274,475 (5.9%) $348,780 (10.8%) 0.00 265
2019-08-01 $275,182 (9.6%) $347,562 (12.7%) 0.00 261
2019-09-01 $269,455 (7.8%) $342,292 (9.2%) 0.00 257
2019-10-01 $262,500 (3.7%) $334,772 (8.2%) 0.00 248
2019-11-01 $249,250 (-0.7%) $315,415 (-2.3%) 0.00 221
2019-12-01 $249,900 (4.6%) $325,364 (-2.2%) 0.00 178
2020-01-01 $249,375 (5.9%) $329,766 (-0.2%) 0.00 148
2020-02-01 $270,000 (12.8%) $351,654 (2.9%) 0.00 149
2020-03-01 $276,200 (5.7%) $354,569 (-3.4%) 0.00 170
2020-04-01 $275,000 (0.8%) $353,236 (-5.3%) 0.00 160
2020-05-01 $299,000 (10.1%) $373,227 (-0.5%) 0.00 168
2020-06-01 $292,450 (6.4%) $355,559 (1.6%) 0.00 176
2020-07-01 $284,950 (3.8%) $344,456 (-1.2%) 0.00 192
2020-08-01 $280,000 (1.8%) $343,513 (-1.2%) 0.00 171
2020-09-01 $281,225 (4.4%) $363,421 (6.2%) 0.00 146
2020-10-01 $283,700 (8.1%) $366,626 (9.5%) 0.00 132
2020-11-01 $271,450 (8.9%) $388,797 (23.3%) 0.00 128
2020-12-01 $272,625 (9.1%) $397,365 (22.1%) 0.00 118
2021-01-01 $294,000 (17.9%) $451,170 (36.8%) 0.00 91
2021-02-01 $298,875 (10.7%) $440,031 (25.1%) 0.00 82
2021-03-01 $302,000 (9.3%) $422,499 (19.2%) 0.00 67
2021-04-01 $298,000 (8.4%) $420,636 (19.1%) 0.00 67
2021-05-01 $300,000 (0.3%) $435,973 (16.8%) 0.00 82
2021-06-01 $296,000 (1.2%) $402,824 (13.3%) 0.00 77
2021-07-01 $266,950 (-6.3%) $368,824 (7.1%) 0.00 87
2021-08-01 $292,500 (4.5%) $401,818 (17.0%) 0.00 87
2021-09-01 $274,000 (-2.6%) $394,802 (8.6%) 0.00 73
2021-10-01 $275,000 (-3.1%) $384,559 (4.9%) 0.00 57
2021-11-01 $288,000 (6.1%) $387,499 (-0.3%) 0.00 61
2021-12-01 $291,500 (6.9%) $383,974 (-3.4%) 0.00 41
2022-01-01 $327,000 (11.2%) $437,976 (-2.9%) 0.00 37
2022-02-01 $355,000 (18.8%) $429,471 (-2.4%) 0.00 41
2022-03-01 $394,250 (30.6%) $477,373 (13.0%) 0.00 58
2022-04-01 $375,000 (25.8%) $468,457 (11.4%) 0.00 64
2022-05-01 $383,725 (27.9%) $492,394 (12.9%) 0.00 81
2022-06-01 $352,450 (19.1%) $472,688 (17.3%) 0.00 91
2022-07-01 $345,000 (29.2%) $440,729 (19.5%) 0.00 108
2022-08-01 $333,725 (14.1%) $450,200 (12.0%) 0.00 105
2022-09-01 $319,950 (16.8%) $439,609 (11.4%) 0.00 106
2022-10-01 $317,450 (15.4%) $453,546 (17.9%) 0.00 95
2022-11-01 $327,450 (13.7%) $488,629 (26.1%) 0.00 72
2022-12-01 $325,000 (11.5%) $492,158 (28.2%) 0.00 67
2023-01-01 $356,250 (8.9%) $518,093 (18.3%) 0.00 43
2023-02-01 $376,725 (6.1%) $534,104 (24.4%) 0.00 51
2023-03-01 $386,750 (-1.9%) $545,365 (14.2%) 0.00 61
2023-04-01 $447,000 (19.2%) $599,029 (27.9%) 0.00 70
2023-05-01 $413,700 (7.8%) $567,570 (15.3%) 0.00 72
2023-06-01 $417,500 (18.5%) $548,951 (16.1%) 0.00 73
2023-07-01 $349,450 (1.3%) $474,137 (7.6%) 0.00 75
2023-08-01 $328,750 (-1.5%) $457,284 (1.6%) 0.00 86
2023-09-01 $334,999 (4.7%) $463,283 (5.4%) 0.00 70
2023-10-01 $334,999 (5.5%) $494,068 (8.9%) 0.00 68
2023-11-01 $360,700 (10.2%) $506,185 (3.6%) 0.00 67
2023-12-01 $349,000 (7.4%) $445,168 (-9.6%) 0.00 77
2024-01-01 $345,277 (-3.1%) $481,381 (-7.1%) 0.00 49
2024-02-01 $380,000 (0.9%) $521,391 (-2.4%) 0.00 52
2024-03-01 $385,000 (-0.5%) $530,094 (-2.8%) 0.00 53
2024-04-01 $392,500 (-12.2%) $530,299 (-11.5%) 0.00 78
2024-05-01 $454,750 (9.9%) $568,914 (0.2%) 0.00 98
2024-06-01 $425,000 (1.8%) $539,049 (-1.8%) 0.00 101
2024-07-01 $431,175 (23.4%) $536,097 (13.1%) 0.00 103
2024-08-01 $399,000 (21.4%) $527,441 (15.3%) 0.00 102
2024-09-01 $398,250 (18.9%) $521,563 (12.6%) 0.00 96
2024-10-01 $398,750 (19.0%) $515,219 (4.3%) 0.00 97
2024-11-01 $396,950 (10.1%) $509,383 (0.6%) 0.00 96
2024-12-01 $402,450 (15.3%) $525,769 (18.1%) 0.00 84
2025-01-01 $434,875 (26.0%) $551,358 (14.5%) 0.00 65
2025-02-01 $450,000 (18.4%) $576,385 (10.6%) 0.00 64
2025-03-01 $493,250 (28.1%) $603,394 (13.8%) 0.00 88
ITHACA's median listing price for 2025-03-01 was $493,250, a difference of $108,250 (28.1%) versus the prior year and $43,250 versus the prior month.

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

ITHACA's average listing price for 2025-03-01 was $603,394, a difference of $73,300 (13.8%) versus the prior year and $27,009 versus the prior month.

For the 2025-03-01 period, ITHACA had 88 MLS listings, a difference of 24 listings (38%) versus the prior month and 35 listings (66%) 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 1,980 sqft
2018-03-01 0 days 2,056 sqft
2018-04-01 0 days 2,009 sqft
2018-05-01 0 days 2,036 sqft
2018-06-01 0 days 2,020 sqft
2018-07-01 0 days 1,975 sqft
2018-08-01 0 days 1,958 sqft
2018-09-01 0 days 1,968 sqft
2018-10-01 0 days 2,003 sqft
2018-11-01 0 days 1,911 sqft
2018-12-01 0 days 1,828 sqft
2019-01-01 0 days 1,798 sqft
2019-02-01 0 days 1,793 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 2,016 sqft
2019-08-01 0 days 2,070 sqft
2019-09-01 0 days 2,103 sqft
2019-10-01 0 days 2,120 sqft
2019-11-01 0 days 2,046 sqft
2019-12-01 0 days 2,005 sqft
2020-01-01 0 days 2,051 sqft
2020-02-01 0 days 2,012 sqft
2020-03-01 0 days 1,927 sqft
2020-04-01 0 days 1,892 sqft
2020-05-01 0 days 1,946 sqft
2020-06-01 0 days 1,984 sqft
2020-07-01 0 days 1,968 sqft
2020-08-01 0 days 2,030 sqft
2020-09-01 0 days 2,036 sqft
2020-10-01 0 days 2,072 sqft
2020-11-01 0 days 2,061 sqft
2020-12-01 0 days 2,077 sqft
2021-01-01 0 days 2,207 sqft
2021-02-01 0 days 2,063 sqft
2021-03-01 0 days 1,943 sqft
2021-04-01 0 days 1,784 sqft
2021-05-01 0 days 1,860 sqft
2021-06-01 0 days 1,844 sqft
2021-07-01 0 days 1,794 sqft
2021-08-01 0 days 1,925 sqft
2021-09-01 0 days 1,832 sqft
2021-10-01 0 days 1,804 sqft
2021-11-01 0 days 1,867 sqft
2021-12-01 0 days 1,920 sqft
2022-01-01 0 days 2,106 sqft
2022-02-01 0 days 2,273 sqft
2022-03-01 0 days 2,077 sqft
2022-04-01 0 days 2,054 sqft
2022-05-01 0 days 2,093 sqft
2022-06-01 0 days 2,063 sqft
2022-07-01 0 days 2,088 sqft
2022-08-01 0 days 2,039 sqft
2022-09-01 0 days 1,957 sqft
2022-10-01 0 days 1,883 sqft
2022-11-01 0 days 2,161 sqft
2022-12-01 0 days 2,129 sqft
2023-01-01 0 days 2,418 sqft
2023-02-01 0 days 2,561 sqft
2023-03-01 0 days 2,556 sqft
2023-04-01 0 days 2,685 sqft
2023-05-01 0 days 2,472 sqft
2023-06-01 0 days 2,472 sqft
2023-07-01 0 days 2,180 sqft
2023-08-01 0 days 1,918 sqft
2023-09-01 0 days 1,857 sqft
2023-10-01 0 days 2,120 sqft
2023-11-01 0 days 2,203 sqft
2023-12-01 0 days 2,018 sqft
2024-01-01 0 days 2,052 sqft
2024-02-01 0 days 2,030 sqft
2024-03-01 0 days 1,992 sqft
2024-04-01 0 days 2,029 sqft
2024-05-01 0 days 2,188 sqft
2024-06-01 0 days 2,160 sqft
2024-07-01 0 days 2,138 sqft
2024-08-01 0 days 1,972 sqft
2024-09-01 0 days 1,906 sqft
2024-10-01 0 days 1,924 sqft
2024-11-01 0 days 1,962 sqft
2024-12-01 0 days 2,043 sqft
2025-01-01 0 days 2,198 sqft
2025-02-01 0 days 2,290 sqft
2025-03-01 0 days 2,363 sqft
ITHACA's median listing age (time on market) for 2025-03-01 was 0 days.

ITHACA's median square footage for active listings during the 2025-03-01 period was 2,363 sqft. One year prior, the average listing was 1,992 sqft.

ITHACA, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 602 $240,840,000 $400,066
Home Improvement 181 $21,295,000 $117,652
Other 107 $11,725,000 $109,579
Refi 92 $87,740,000 $953,696
Cash Out Refi 69 $706,595,000 $10,240,507

Ithaca's most frequently cited loan purpose was Home Purchase, with 602 originations. The 2nd most popular reason was Home Improvement, with 181 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 378 $842,060,000 $2,227,672
5-6% 217 $65,645,000 $302,512
7-8% 153 $53,975,000 $352,778
3-4% 108 $16,170,000 $149,722
Over 8% 96 $11,150,000 $116,146
4-5% 7 $1,335,000 $190,714
<2.5% 3 $175,000 $58,333

During 2024, Ithaca's most frequently originated rate bucket was 6-7%, with 378 originations.

Loan Sizing (ITHACA, NY MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 387 $106,465,000 $275,103
$100k-200k 263 $38,335,000 $145,760
$100,000 or less 255 $14,195,000 $55,667
$400k-600k 100 $47,430,000 $474,300
$600k-1000k 31 $22,135,000 $714,032
$Over $1MM 15 $839,635,000 $55,975,667

ITHACA's loan sizing saw the bucket of loans from $200k-400k with 387 originations, totaling $106,465,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 325 $101,735,000 $313,031
60-80% 211 $105,135,000 $498,270
20-40% 158 $39,320,000 $248,861
Under 20% 151 $11,685,000 $77,384
40-60% 112 $43,310,000 $386,696
Over 100% 4 $689,270,000 $172,317,500

ITHACA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 325 originations, totaling $101,735,000 in origination value.