A single-family residence in Ithaca sold for $722,000, becoming the most expensive home transaction in Tompkins County over the past week. The sale highlights a dynamic market that saw 11 properties change hands, with transactions spanning a wide range of prices and locations.
The total sales volume reflects a diverse real estate landscape, from a modest $35,000 property to the high-end Cayuga Park Road home. The average sale price for the week was recorded at $300,300, with an average price per square foot of $195 across all sales.
Key Takeaways
- A home at 121 Cayuga Park Road in Ithaca was the top sale at $722,000.
- Tompkins County recorded 11 residential sales last week, with an average price of $300,300.
- The average price per square foot across all sales was $195.
- Sales included properties in Ithaca, Lansing, Ulysses, and Caroline, showing activity across the county.
A Closer Look at the Top Sale
The highest-priced property to sell was located at 121 Cayuga Park Road in Ithaca. The single-family home, built in 1916, sold for a final price of $722,000. This historic residence offers a substantial living area of 2,804 square feet, which translates to a price of $257 per square foot.
The home features four bedrooms and three bathrooms, providing ample space. The deal was officially finalized on October 7, marking a significant transaction for the local market and underscoring the continued demand for well-located, spacious homes in the area.
Lansing Market Shows Strength with Key Sales
The town of Lansing also demonstrated notable market activity, with three properties appearing on the sales list. The most expensive sale in Lansing was a newly constructed home at 1262 Warren Road, which sold for $465,000. Built in 2022, this modern 1,680-square-foot residence features three bedrooms and two bathrooms. Its price per square foot was $277, reflecting the premium placed on new construction. The sale was finalized on October 3.
Another significant Lansing transaction was for a historic property at 163 Asbury Road. This 1,261-square-foot home, originally built in 1860, sold for $460,000. Despite its smaller size, the home commanded a high price per square foot of $365, indicating strong value placed on its unique character or location. This two-bedroom, two-bathroom home's sale also closed on October 3.
Rounding out the Lansing sales was a 1,818-square-foot home at 368 Asbury Road. This four-bedroom, three-bathroom house, built in 2006, sold for $133,450. At just $73 per square foot, this transaction represented a more affordable segment of the Lansing market. The deal was finalized on October 6.
Market Snapshot: A Week in Tompkins County
- Total Sales: 11
- Average Price: $300,300
- Highest Sale: $722,000 (Ithaca)
- Lowest Sale: $34,900 (Ithaca)
- Average Price/Sq. Ft.: $195
Diverse Sales Activity Across the County
The week's sales show a healthy mix of property types and price points across different towns in Tompkins County, painting a picture of a multifaceted real estate environment.
Transactions in Ithaca
Beyond the top sale, Ithaca saw several other notable transactions. A home at 210 Duboise Road, built in 1958, sold for $380,550. This 2,150-square-foot residence features three bedrooms and two bathrooms, with a price per square foot of $177. Another Ithaca sale was a 1915-built house at 608 S. Plain St., which was purchased for $315,000. This 1,532-square-foot home has three bedrooms and two bathrooms, calculating to $206 per square foot.
At the lower end of the market, two properties on North Cayuga Street sold for under $100,000. The home at 1311 N. Cayuga St., a two-bedroom built in 1945, sold for $78,500. Just down the street, the property at 1106 N. Cayuga St., a 1,336-square-foot home from 1910, sold for $34,900, which is just $26 per square foot.
Sales in Ulysses and Caroline
The town of Ulysses was represented by the sale of a home at 1634 Trumansburg Road. The 1,439-square-foot house, built in 1945, was sold for $289,000. With three bedrooms and two bathrooms, its price per square foot came to $201. The deal was finalized on October 6.
In the town of Caroline, a detached house at 343 White Church Road sold for $335,000. This property, built in 1925, offers 1,704 square feet of living space, three bedrooms, and one bathroom. The sale price equates to $197 per square foot and was finalized on October 7.
Understanding Real Estate Data
The sales figures listed are based on deeds recorded by the county during the week of October 25. This means the actual sale agreement and closing may have occurred earlier. This data provides a snapshot of recently finalized transactions and is a key indicator of market trends, property values, and buyer activity in the region.
Summary of Recent Tompkins County Home Sales
Here is a complete list of the residential real estate sales recorded in Tompkins County for the past week, ranked from highest to lowest price:
- $722,000 - 121 Cayuga Park Road, Ithaca (4 beds, 3 baths, 2,804 sq. ft.)
- $465,000 - 1262 Warren Road, Lansing (3 beds, 2 baths, 1,680 sq. ft.)
- $460,000 - 163 Asbury Road, Lansing (2 beds, 2 baths, 1,261 sq. ft.)
- $380,550 - 210 Duboise Road, Ithaca (3 beds, 2 baths, 2,150 sq. ft.)
- $335,000 - 343 White Church Road, Caroline (3 beds, 1 bath, 1,704 sq. ft.)
- $315,000 - 608 S. Plain St., Ithaca (3 beds, 2 baths, 1,532 sq. ft.)
- $289,000 - 1634 Trumansburg Road, Ulysses (3 beds, 2 baths, 1,439 sq. ft.)
- $133,450 - 368 Asbury Road, Lansing (4 beds, 3 baths, 1,818 sq. ft.)
- $78,500 - 1311 N. Cayuga St., Ithaca (2 beds, 1 bath)
- $34,900 - 1106 N. Cayuga St., Ithaca (3 beds, 2 baths, 1,336 sq. ft.)
The data from the past week illustrates a market with opportunities at various price levels. While high-value properties in desirable locations like Ithaca continue to command top dollar, the range of sales shows that entry-level and mid-range homes are also actively trading, reflecting a balanced and dynamic real estate environment across Tompkins County.
