Syracuse, UT is a great place to purchase a house. The median value of houses in Syracuse is $536,900 which is significantly higher than the US median value of $338,100. Furthermore, the housing market in Syracuse has appreciated 8.44% over the past year which is slightly more than the national 1 year appreciation of 8.27%. Therefore, it can be concluded that Syracuse is a desirable place to purchase a house with strong investment potential.
The median home cost in Syracuse is $536,900. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Syracuse is up 16.3%.
Average Age of Homes
- The median age of Syracuse real estate is 14 years old
The Rental Market in Syracuse
- Renters make up 7.7% of the Syracuse population
- 1.1% 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.