Market Reports - Syracuse Home & Living

Greater Syracuse Area market Report

The Greater Syracuse area encompasses all 3 counties in CNY: the Onondaga, Madison and Oswego counties.

Welcome homeowners and future homeowners! The real estate market is ever-changing, and staying informed can help you make the best decisions—whether you’re planning to buy, sell, or just keeping an eye on market trends. This month’s report highlights some significant changes in the market that could impact your buying or selling strategy.

Median Sale Price is Still on the Rise: Recent data shows a surge in property values within our area. Homeowners, this means your home could be worth more than you think, and buyers, understanding these trends can help you plan your purchase strategically.
Inventory and Days on the Market are Increasing: With more properties available, buyer demand has gone down, meaning homes are spending more time on the market. Homeowners, this means pricing your home correctly from the start is more critical than ever to attract serious buyers and avoid price reductions.
Homes Continue to Sell at List Price or Greater : Correctly priced, strategically marketed homes are selling at or above list price, making it especially important to start with an expert strategy from day one to sell for the highest possible price in the fewest days on market.

Please see below for more detailed market stats. If you find value in this report and want to stay informed, sign up for email alerts to receive monthly market reports, expert tips, and everything you need to know to make the most of the current market—whether you’re buying or selling!

Market highlights

Median Sales Price

Price per square foot

Source: https://cnyis.stats.showingtime.com

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