Syracuse, OH is an attractive housing market with a median value of $109,400. This is significantly lower than the US House Median Value of $338,100. Further, the US 1 year House Appreciation rate was 8.27%. In Syracuse, OH that number is even higher at 10.99%. These numbers indicate that investing in real estate in the area would be a wise decision. With the significant appreciation rate and relatively low median value house prices, it's no wonder why people are looking to buy in Syracuse.
The median home cost in Syracuse is $109,400. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Syracuse is up 14.3%.
Average Age of Homes
- The median age of Syracuse real estate is 55 years old
The Rental Market in Syracuse
- Renters make up 27.2% of the Syracuse population
- 2.3% of houses and apartments in Syracuse, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.