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: January 2026
Median Sale Price
$260K
↑ 12.0% YoY
Days on Market
34 days
↓ 8.1% YoY
Active Inventory
638
↓ 25.4% YoY
Homes Sold
381
↓ 7.3% 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 January 2026, the median home sale price is $260K, up 12.0% year-over-year. Homes are spending a median of 34 days on the market, 8.1% shorter than a year ago.
There are 638 homes for sale — 25.4% fewer than last year. With 1.7 months of supply, this is a seller's market. 325 new listings were added during this period, down 12.6% year-over-year.
Homes are selling for 100.0% of their list price on average, indicating buyers are paying above asking. 42.8% of homes sell above their asking price. 16.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
44
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 39% below the national median, which could indicate stronger cash flow potential.
Syracuse, NY metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$235K
Price per Sq Ft
$164
Sale-to-List Ratio
100.0%
Months of Supply
1.7
Sold Above List
42.8%
Price Drops
16.6%
New Listings
325
↓ 12.6% YoY
Pending Sales
359
Off Market in 2 Weeks
42.9%
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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.