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Preforeclosure Homes in Syracuse, NY

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Syracuse, NY Foreclosures

How much do homes sell for in Syracuse, NY?
The average home price is currently $212,476.
In Syracuse, NY, how many homes are available?
There are currently 248 active home listings available in Syracuse.
What’s the average rental cost in Syracuse, NY?
The average rental price in Syracuse is $1,351.
What is the most expensive home in Syracuse?
The most expensive home sold in Syracuse had a price of $100,315,688.
What is currently the cheapest priced home in Syracuse, NY?
The cheapest home for sale in Syracuse is priced at $11,260.

Living in Syracuse, NY

Syracuse, NY, is a city that blends rich history with modern living, featuring ample green spaces and recreational opportunities. Residents enjoy easy access to educational institutions, diverse dining options, and a community-oriented atmosphere. Its reliable transportation options further enhance the city's appeal for both residents and visitors alike.

Current Market Conditions in Syracuse, NY

Syracuse's real estate market has been steadily growing, fueled by affordable housing options and its appeal as a college town. There is a notable interest from first-time homebuyers and young professionals looking to take advantage of the lower price point compared to larger markets, making Syracuse an attractive option for real estate investment.

Currently, the market shows a balanced condition with a slight increase in home prices, reflecting the demand for both single-family homes and multi-family units. Inventory remains moderate, providing buyers with a variety of choices while sellers are encouraged by the sustained interest in the area.

Home Value Estimator For Syracuse, NY

There are currently 51,883 real estate properties in Syracuse, NY, with a median automated valuation model (AVM) price of $188,517.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Syracuse, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Syracuse, NY, is $212,476.00, with the most expensive house in Syracuse, NY, topping out at $100,315,688.00 and the cheapest home in Syracuse, NY, clocking in at $11,260.00. In other words, there’s something for every potential homebuyer or savvy investor in Syracuse, NY!

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 $1,351.00. 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 $1,310.00. 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.

Syracuse, NY Preforeclosure Homes


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