The housing market in Syracuse, New York is relatively affordable.

• Syracuse Area: As of 2024, the average home price in Syracuse is estimated to be around $190,000.

• North Syracuse: The median home price in this area is about $160,000, which is lower than the national average.

  Ablison

This is significantly lower than the overall average home price in New York State, which is about $425,011.

Syracuse is one of the cities in New York State with relatively affordable housing prices, making it an economical option for those considering home purchases.

The average home value in Syracuse, New York is around $193,723, which is a 10.8% increase from the previous year. The median sold price for a home in Syracuse in December 2024 was $185,000, which is an 8.4% increase from the previous year.
Here are some other home value statistics for Syracuse, New York:

Median listing price: $179,900
Median listing price per square foot: $130
Median sale price per square foot: $127

Syracuse is a seller's market, which means that homes sell faster and prices are generally higher. Homes in Syracuse typically go pending in about 9 days.
Home values in different parts of Syracuse vary, including:

Southwest Syracuse
The median price of a home in Syracuse was $168,000 in October 2024, which is a 116.4% increase from the previous year.

North Syracuse
The average home value in North Syracuse is $212,927, which is an 11.2% increase from the previous year.

East Syracuse
The average home value in East Syracuse is $224,869, which is a 10.5% increase from the previous year.