The housing market in 13224 Syracuse, NY is very strong. The median value of a house in this area is $187,800, which is significantly lower than the US median housing value of $338,100. However, over the past year there has been an increase of 14.28% in housing values in 13224 Syracuse, NY compared to only 8.27% nationally. This indicates that the local housing market is out-performing the national market and is a great opportunity for first time homebuyers and investors alike.
The median home cost in Syracuse (zip 13224) is $187,800. Home appreciation the last 10 years has been 63.4%. Home Appreciation in Syracuse (zip 13224) is up 13.6%.
Average Age of Homes
- The median age of Syracuse (zip 13224) real estate is 63 years old
The Rental Market in Syracuse (zip 13224)
- Renters make up 35.2% of the Syracuse (zip 13224) population
- 2.1% of houses and apartments in Syracuse (zip 13224), 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.