The housing market in Syracuse, KS is booming. The median value of homes in Syracuse is $124,400, which is significantly lower than the US House Median Value of $338,100. Moreover, the US House Appreciation rate for the past year was 8.27%, while in Syracuse it was 12.44%. This shows that the housing market in Syracuse is growing faster than the national average. As such, it appears to be a good time to invest in property in this area as potential buyers can get more value for their money and also benefit from strong appreciation potential.
The median home cost in Syracuse is $124,400. Home appreciation the last 10 years has been 71.0%. Home Appreciation in Syracuse is up 16.0%.
Average Age of Homes
- The median age of Syracuse real estate is 51 years old
The Rental Market in Syracuse
- Renters make up 19.0% of the Syracuse population
- 0.9% 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.