NY · Metro #91

Syracuse - NY housing market

The Syracuse metro has a typical home value of $272,560, up 6.6% from a year ago. Homes are moving fast at 7 days on market, a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$272,560
+6.6% vs. year ago
Median sale price
$258,516
+8.7% YoY
Median list price
$290,600
Sale-to-list ratio
103.6%
Selling above ask
Days on market
7d
Listings w/ price cut
17.1%
New listings / mo
719
+8.0% YoY
Homes for sale
1,313
+6.8% YoY
Typical rent
$1,613/mo
+4.7% YoY
Context

How to read this data

The typical home value ($272,560) is the Zillow Home Value Index for the Syracuse - NY metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 6.6% over the past year. In Syracuse - NY, that means a home worth $255,685 last year is now worth roughly $272,560.

The median sale price, what homes actually close for, is $258,516. Homes are selling at 103.6% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Syracuse - NY sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.

About 17.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 719 new listings hit the market each month in Syracuse - NY. There are currently 1,313 homes for sale, up 6.8% from a year ago.

The typical monthly rent in Syracuse - NY is $1,613, up 4.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.1x, buying territory (#167 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,401 a month in principal and interest, $212 less than renting before taxes, insurance and upkeep. The two break even at a 8.09% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in NY

MetroHome value1-yr changeDays on market
New York - NY$737,078 +4.3% 27.0d
Buffalo - NY$292,860 +4.3% 10.0d
Rochester - NY$289,019 +4.8% 8.0d
Albany - NY$377,793 +5.4% 8.0d
Utica - NY$234,055 +7.4% 14.0d
Binghamton - NY$205,581 +6.2% 11.0d
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