Real Estate Market Update for Syracuse, NY
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 39% from one year earlier, and down 15% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 80-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 37%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 100-thousand dollars. The number of units sold decreased 39% year-over-year, and decreased 23% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Syracuse, NY
Area Information for Syracuse, NY
  • Population: 145,931
  • Median Age: 31.51 yr
  • Median Commute Time: 17 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 5,827/sq mi
  • Population Change Since 2000: -.94%
  • Closest Airport: Syracuse Hancock International
  • Closest College: State Univ Ny-upstate Medical University
  • Closest Jr. College: Bryant And Stratton College-syracuse
  • Median Household Income: $32,840
  • Annual Residential Turnover: 24%
  • Median Home Sales Price: $79,000
  • Closest Major Sports Team: Syracuse Chiefs (aaa)
  • Change Avg. Household Income Since 2000: 32.33%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Syracuse, NY
Median Age: 31.51 Married: 22% Number of Households: 57,786 Households with Children: 14,254
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Syracuse, NY

      School Name Distance Type Grades School Rating Parent Rating
      Westside Academy At Blodgett 0.6 mi Public 6-8 0 0
      Frazer K 8 School 0.6 mi Public PRESCHOOL-8 0 0
      Cathedral Academy At Pompei 0.7 mi Catholic K-6 0 0
      Seymour Dual Language Academy 0.8 mi Public PRESCHOOL-5 0 0
      Institute Of Technology At Syracuse Central 0.9 mi Public 9-12 1 2
      Fowler High School 0.9 mi Public 11-12 0 2
      Public Service Leadership Academy At Fowler 0.9 mi Public 9-9 0 0
      Syracuse Academy Of Science Charter School 1.0 mi Public K-12 2 0
      Franklin Elementary School 1.0 mi Public PRESCHOOL-5 0 0
      All Saints Ele Of Tipperary Hill 1.0 mi Catholic PRESCHOOL-6 0 0
      Southside Academy Charter School 1.1 mi Public K-8 1 0
      Ihsan School Of Excellence 1.1 mi Private PRESCHOOL-8 0 0
      Delaware Primary School 1.1 mi Public K-K 0 0
      Delaware Academy 1.1 mi Public PRESCHOOL-5 0 0
      Porter Elementary School 1.4 mi Public PRESCHOOL-6 0 0
      Dr Weeks Elementary School 1.4 mi Public PRESCHOOL-5 0 0
      Applied Science Magnet At M L K Community School 1.4 mi Public PRESCHOOL-5 0 0
      Most Holy Rosary School 1.5 mi Catholic PRESCHOOL-6 0 0
      Grant Middle School 1.6 mi Public 6-8 0 0
      Bellevue Elementary School 1.7 mi Public PRESCHOOL-5 0 0
      Parkview Junior Academy 1.7 mi Private K-9 0 0
      Webster Elementary School 1.9 mi Public PRESCHOOL-5 0 0
      Lincoln Middle School 1.9 mi Public 6-8 0 0
      Merriday School 2.0 mi Private PRESCHOOL-1 0 0
      Salem Hyde Elementary School 2.1 mi Public PRESCHOOL-6 2 0
      Henninger High School 2.1 mi Public 9-12 1 3
      Lemoyne Elementary School 2.1 mi Public PRESCHOOL-5 0 0
      Syracuse Academy Of Science Charter Middle School 2.3 mi Public 6-8 0 0
      Danforth Middle School 2.3 mi Public 6-8 0 0
      Roberts K 8 School 2.4 mi Public PRESCHOOL-8 1 0
      Solvay Elementary School 2.4 mi Public PRESCHOOL-3 0 0
      Syracuse Latin School 2.4 mi Public K-1 0 0
      Hughes Academic Magnet School 2.4 mi Public 3-5 0 0
      Corcoran High School 2.4 mi Public 9-12 1 4
      Edward Smith K 8 School 2.5 mi Public K-8 1 0
      Mckinley Brighton Elementary School 2.6 mi Public PRESCHOOL-5 0 0
      Huntington K 8 School 2.6 mi Public PRESCHOOL-8 1 0
      Lyncourt School 2.6 mi Public PRESCHOOL-8 2 0
      Cherry Road Elementary School 2.6 mi Public 2-4 4 0
      Eagle Wings Academy 2.7 mi Private K-8 0 0
      Westhill High School 2.7 mi Public 9-12 4 4
      Bishop Ludden Jr Sr High School 2.7 mi Catholic 7-12 0 4
      Solvay High School 2.8 mi Public 9-12 2 3
      Blessed Sacrament School 3.1 mi Catholic PRESCHOOL-6 0 0
      Montessori School Of Syracuse 3.1 mi Private PRESCHOOL-6 0 0
      Van Duyn Elementary School 3.2 mi Public PRESCHOOL-5 0 0
      Jowonio School 3.2 mi Private PRESCHOOL-K 0 0
      Walberta Park Primary School 3.2 mi Public K-1 0 0
      Nottingham High School 3.3 mi Public 9-12 1 4
      St Margarets School 3.3 mi Catholic PRESCHOOL-6 0 0
      Onondaga Hill Middle School 3.3 mi Public 5-8 4 0
      Hurlbut W Smith K 8 School 3.3 mi Public PRESCHOOL-8 1 0
      Roxboro Road Elementary School 3.4 mi Public K-4 1 0
      Roxboro Road Middle School 3.4 mi Public 5-7 2 0
      Faith Heritage School 3.5 mi Private K-12 0 0
      Montessori Discovery School 3.7 mi Private PRESCHOOL-1 0 0
      Syracuse Academy Of Science Charter Elem School 3.8 mi Public K-5 0 0
      Onondaga Road Elementary School 3.8 mi Public K-5 3 0
      Christian Brothers Academy 3.9 mi Catholic 7-12 0 4
      Living Word Academy 3.9 mi Private PRESCHOOL-12 0 0
      Clary Middle School 4.0 mi Public 6-8 0 0
      Expeditionary Learning Middle School 4.0 mi Public 6-8 1 0
      Bishops Academy At Holy Family School 4.0 mi Catholic PRESCHOOL-6 0 0
      Syracuse Hebrew Day School 4.5 mi Private K-6 0 0
      Holy Cross Elementary School 4.5 mi Catholic PRESCHOOL-6 0 0
      Meachem Elementary School 4.6 mi Public K-5 0 0
      Onondaga Cortland Madison Boces 4.7 mi Public PRESCHOOL-12 0 0
      Moses Dewitt Elementary School 4.8 mi Public K-4 5 0
      Manlius Pebble Hill School 4.8 mi Private PRESCHOOL-12 0 0
      The New School 4.9 mi Private K-8 0 0
      North Syracuse Junior High School 4.9 mi Public 8-9 3 0
      Solvay Middle School 5.4 mi Public 4-8 2 0
      Little Lamb Christian School 5.5 mi Private PRESCHOOL-K 0 0
      Allen Road Elementary School 5.5 mi Public K-4 3 0
      St Rose Of Lima School 5.6 mi Catholic PRESCHOOL-6 0 0
      Main Street Elementary School 5.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Jamesville Dewitt High School 6.2 mi Public 9-12 4 4
      Smith Road Elementary School 6.3 mi Public K-4 2 0
      Karl W Saile Bear Road Elementary School 6.5 mi Public K-4 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Syracuse, NY
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.