Foreclosure Homes in Syracuse, NY

Current Market Conditions in Syracuse, NY

Syracuse's real estate market has become increasingly competitive in recent years, with a noticeable uptick in home sales and home values. Buyers are drawn to the affordability of housing compared to other urban areas, resulting in shorter days on market for listings.

As the job market stabilizes and the city continues to invest in development projects, there is a growing interest in residential properties, especially among young professionals and families looking for a mix of urban amenities and suburban living.

Rent Prices In Syracuse, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Syracuse, NY, is on a rollercoaster ride. The average rent price in Syracuse, NY, is $1,344.00. Indeed, when looking to rent in Syracuse, NY, you can expect to pay as little as $530.00 or as much as $4,530.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Syracuse, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.