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Home values, rents and more in Ithaca, MI

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$196,000
Metro: $180,000 · U.S.: $366,000
Home values, past year
+6.6%
Metro: +6.2% · U.S.: +1.2%
Population
2,817
ACS 2020–24
Median household income
$63,109
Metro: $63,556 · U.S.: $80,734
ZIP codes around Ithaca, MI, shaded by typical home valueIthaca48847
  • Under $0k
  • No data
ZIP codes around Ithaca, MI, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Ithaca is outlined.

How Ithaca compares

The typical home in Ithaca, MI is worth about $196,000, according to the Zillow Home Value Index for September 2026. Home values in Ithaca are 9% above the typical value in the Alma metro area ($180,000) and 47% below the U.S. typical value ($366,000).

Over the past year, home values in Ithaca rose 6.6%, compared with +6.2% in the Alma metro area and +1.2% nationally.

The median household income is $63,109, against $63,556 in the Alma metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,817 people live in Ithaca (American Community Survey 2020–24).

Ithaca has the 4th-highest typical home value of the 9 cities in the Alma metro area and the 155th-lowest of 686 in Michigan with Zillow figures.

Part of: Gratiot County, MI · Alma metro area · Michigan

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Ithaca, MI

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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