Syracuse, NY metro area Housing Market
Hot MarketComprehensive housing market data for the Syracuse, NY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$243K
↑ 7.9% YoY
Days on Market
39 days
↑ 34.5% YoY
Active Inventory
611
↓ 20.8% YoY
Homes Sold
338
↓ 11.3% YoY
Hot Market
Homes are selling quickly with strong competition among buyers.
Syracuse, NY metro area Market Summary
The Syracuse, NY metro area housing market is heating up. As of March 2026, the median home sale price is $243K, up 7.9% year-over-year. Homes are spending a median of 39 days on the market, 34.5% longer than a year ago.
There are 611 homes for sale — 20.8% fewer than last year. With 1.8 months of supply, this is a seller's market. 409 new listings were added during this period, down 10.1% year-over-year.
Homes are selling for 100.7% of their list price on average, indicating buyers are paying above asking. 50.9% of homes sell above their asking price. 14.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
41
Contributing Factors
How This Market Compares
vs. National Median
vs. New York Median
Investor Takeaway
This is a highly competitive market. Be prepared to move quickly and potentially offer above asking price. Prices are 44% below the national median, which could indicate stronger cash flow potential.
Syracuse, NY metro area Market Trends
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Detailed Market Metrics
Median List Price
$250K
Price per Sq Ft
$165
Sale-to-List Ratio
100.7%
Months of Supply
1.8
Sold Above List
50.9%
Price Drops
14.9%
New Listings
409
↓ 10.1% YoY
Pending Sales
452
Off Market in 2 Weeks
61.7%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.