New - 2 days on Rocket
$5,699 Closing Credit¹
Danielle K. Jordan, Listing Office: Land of Lakes Realty, Inc.
Tompkins County Housing Market Report December 2024•Tompkins County, New York
Housing Prices in Tompkins County, NY
How much do homes in Tompkins County, NY cost?
Median List Price
$317,000$166/SqFt
+$62,550
+24.6%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Tompkins County has increased by 24.6% since last year.
Summary: The median home list price in Tompkins County was $317,000 in December 2024, up 24.6% from the previous year, and the median price per square foot was $166.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Tompkins County | $254.4K | $317K | +24.6% |
| Seneca County | $169.9K | $184.5K | +8.6% |
| Tioga County | $173.5K | $185.9K | +7.2% |
| Cortland County | $169.9K | $179.9K | +5.9% |
| Schuyler County | $255K | $249K | -2.4% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $125K | $285K | +128.0% |
| 22 Bedrooms | $193.9K | $184.9K | -4.6% |
| 33 Bedrooms | $268.8K | $294.9K | +9.7% |
| 44 Bedrooms | $239K | $349.9K | +46.4% |
| 55+ Bedrooms | $395K | $435K | +10.1% |
Summary: Tompkins County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +128.0%. The home price for 2 bedroom homes decreased by -4.6%. The home price for 3 bedroom homes increased by +9.7%. The home price for 4 bedroom homes increased by +46.4%. The home price for 5 bedroom homes increased by +10.1%.
Housing supply in Tompkins County, NY
How many homes are available in Tompkins County, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 29Last MonthDec 2024 | ||
| 392 months agoNov 2024 | -25.6 % Change MoMNov – Dec |
Summary: The Tompkins County real estate market had 29 homes for sale in Dec 2024, a 25.6 % decrease compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 15 | 10 | -33.3% |
| 44 Bedrooms | 11 | 9 | -18.2% |
| 55+ Bedrooms | 9 | 6 | -33.3% |
Summary: Tompkins County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Tompkins County, NY cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Tompkins County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Tompkins County in December 2024, down by 75.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.
Days on Market for Tompkins County, NY
How long does it take to sell a home in Tompkins County, NY?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Tompkins County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Tompkins County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 152 DaysThis YearDec 2024 | ||
| 218 Days1 year agoDec 2023 | -30.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Tompkins County had an average listing age of 152 days in Dec 2024, down by 30.1% compared to the previous year.
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Newest Listings in Tompkins County, NY
What homes are available in Tompkins County, NY?
New - 3 days on RocketVideo tour
$3,086 Closing Credit¹
Susan Briggs, Listing Office: Yaman Real Estate
Backup offersVideo tour
Nichol Clark, Listing Office: Howard Hanna Horseheads
Backup offersVideo tour
Nichol Clark, Listing Office: Howard Hanna S. Tier Horseheads
Backup offersVideo tour
$5,926 Closing Credit¹
Pamela Cullip, Listing Office: Yaman Real Estate
Video tour
Kristopher Buchan, Listing Office: Tompkins Cortland Real Estate
Theodore Chazkel, Jeff Serouya, Listing Office: BHHS HUDSON VALLEY PROP-NP, BHHS HUDSON VALLEY PROP-KING
Video tour
$8,847 Closing Credit¹
Melissa Skodzinsky, Listing Office: Berkshire Hathaway HomeServices Heritage Realty
Video tour
$1,544 Closing Credit¹
Loueen Rosenbush, Listing Office: Berkshire Hathaway CNY Realty
Jeffrey Guida, Listing Office: Yaman Real Estate
Joy E. Trescot, Listing Office: Land of Lakes Realty, Inc.
$5,926 Closing Credit¹
Vivian D. Schamel, Listing Office: Keller Williams Southern Tier
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, Elmira-Corning Regional Association of REALTORS® MLS, and Hudson Valley Catskill Region MLS for the period 01/01/2023 - 01/01/2025
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/17/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.
2025 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/17/2025, 10:17:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/17/2025, 10:16:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.