Syracuse - NY housing market
The Syracuse metro has a typical home value of $258,827, up 6.3% from a year ago. Homes are moving fast at 7 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($258,827) 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 6.3% over the past year. In Syracuse - NY, that means a home worth $243,487 last year is now worth roughly $258,827.
The median sale price , what homes actually close for , is $253,914. Homes are selling at 100.7% 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 11.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 407 new listings hit the market each month in Syracuse - NY. There are currently 828 homes for sale, up 0.7% from a year ago.
The typical monthly rent in Syracuse - NY is $1,628, up 4.8% year over year. For investors, the price-to-rent ratio here is roughly 13x annual rent.
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.
Other metros in NY
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| New York - NY | $718,397 | +4.1% | 26.0d |
| Buffalo - NY | $282,896 | +4.6% | 11.0d |
| Rochester - NY | $278,388 | +4.3% | 8.0d |
| Albany - NY | $364,241 | +5.1% | 8.0d |
| Utica - NY | $223,525 | +7.9% | 26.0d |
| Binghamton - NY | $193,399 | +5.3% | 15.0d |