The housing market in 13206 Syracuse, NY is looking strong. The median value of homes in the area is $145,700, which is significantly lower than the US House median value of $338,100. However, the one year house appreciation rate for this area is much higher than the US at 14.28%, indicating the strong demand for housing in this area. This trend could be a result of the growing population and businesses in the 13206 area. As more people move to this area and businesses open up shop, demand for housing increases and drives up home values.
The median home cost in Syracuse (zip 13206) is $145,700. Home appreciation the last 10 years has been 63.4%. Home Appreciation in Syracuse (zip 13206) is up 13.6%.
Average Age of Homes
- The median age of Syracuse (zip 13206) real estate is 68 years old
The Rental Market in Syracuse (zip 13206)
- Renters make up 42.2% of the Syracuse (zip 13206) population
- 2.0% of houses and apartments in Syracuse (zip 13206), 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.