Business
Lansing Home Sells for $1.2 Million in Tompkins County Real Estate Surge
A single-family residence in Lansing has emerged as the most expensive home sold in Tompkins County during the week of October 18-24, 2023, fetching a remarkable $1.2 million. This sale underscores the growing demand in the region’s real estate market, which recorded a total of 23 residential transactions in the same week, with an average sale price of $384,236, translating to $216 per square foot.
Top Ten Sales Highlight Rising Market
The list of the highest-value sales reflects a diverse range of properties across the county. Here are the ten most expensive homes sold in the past week:
10. $400,000 – Located at 400 McClintock Road, Dryden, this historic single-family house was built in 1865 and spans 2,833 square feet. The sale, finalized on September 26, resulted in a price per square foot of $141. The property features 4 bedrooms and 2 bathrooms.
9. $403,000 – The house at 210 Amabel Road in Ithaca sold for $402,500. Constructed in 2022, it offers 1,320 square feet of living space, with a price per square foot of $305. This modern home includes 2 bedrooms and 2 bathrooms.
8. $455,000 – A single-family home at 145 Pine Tree Road, Ithaca, was sold for $455,000. Built in 1935, the property has a living area of 1,637 square feet, equating to $278 per square foot. The home features 3 bedrooms and 2 bathrooms.
7. $459,000 – The residence at 30 Waterwagon Road in Lansing sold for $458,900. Built in 2005, it encompasses 1,782 square feet with a price per square foot of $258. The house includes 3 bedrooms and 2 bathrooms.
6. $475,000 – A property located at 626 Sheffield Road in Enfield was sold for $475,000. This house, built in 2005, features 2,436 square feet of living space and a price per square foot of $195. It offers 3 bedrooms and 2 bathrooms.
5. $475,000 – The home at 114 Cobb St. in Ithaca sold for $475,000. Constructed in 1930, it has a living area of 1,568 square feet, resulting in a price per square foot of $303. The house includes 4 bedrooms and 2 bathrooms.
4. $545,000 – A single-family house at 139 Oakwood Lane, Ithaca, was sold for $545,000. Built in 1966, the property features 2,861 square feet and a price per square foot of $190. The house contains 4 bedrooms and 3 bathrooms.
3. $675,000 – The residence at 36 Forest Acres Drive in Lansing sold for $675,000. This home, built in 1986, offers 2,312 square feet of living space with a price per square foot of $292. It features 3 bedrooms and 3 bathrooms.
2. $775,000 – Located at 243 Valley Road in Ithaca, this detached house was sold for $775,000. Built in 1933, it encompasses 2,518 square feet and has a price per square foot of $308. The home includes 3 bedrooms and 3 bathrooms.
1. $1.2 million – The most significant sale was for a single-family home at 581 Lansing Station Road, which closed for $1,200,000. Constructed in 1997, this home offers a living space of 2,571 square feet, resulting in a price per square foot of $467. The house features 3 bedrooms and 3 bathrooms, with the transaction finalized on October 2.
As the Tompkins County real estate market continues to see significant activity, these sales reflect a robust interest in residential properties across various price points.
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