Housing Prices in Tompkins, NY

How much do homes in Tompkins, NY cost?

Median List Price

$245,000

$193/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$106,700(+77.2%)

Key Takeaway

The list price of homes in Tompkins has increased by 77.2% since last year.

Summary: The median home list price in Tompkins was $245,000 in May 2024, up 77.2% from the previous year, and the median price per square foot was $193.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$125K
N/A
2 $72.8K$225K
+209.1%
3 $160K$332K
+107.5%
4 $180K$180K
0.0%
5+ -$992.5K
N/A

Summary: Tompkins housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 209.1%, 3 bedroom homes increased by 107.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Tompkins
+77.2%
Sidney Center
+18.5%
Deposit
+10.4%
Masonville
-17.2%

Housing Supply in Tompkins, NY

How many homes are available in Tompkins, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
46+50.0%

Summary: The Tompkins real estate market had 6 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 11
0.0%
3 22
0.0%
4 00
0.0%
5+ 02
+100.0%

Summary: The Tompkins housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Tompkins, NY

How long does it take to sell a home in Tompkins, NY?

Average Listing Age

May 2023May 2024CHANGE
110 Days65 Days-40.9%

Summary: Homes in Tompkins had an average listing age of 65 days in May 2024, down by 40.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Tompkins, NY

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