Syracuse, New York.
Typical home $223,201 (+5.5% in a year), asking rent $1,566 (+3.7%). Syracuse, NY metro.
to buy the typical home at today's mortgage rate — +$723 (+161%) since Jan 2020.
- 1 year
- Up $11,700 +6%
- $211,500$223,201 since Sep 2025
- 5 years
- Up $70,361 +46%
- $152,840$223,201 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Syracuse$1,172
- New York$2,755
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Syracuse, NY rose 5.5% over the past year — faster than the nation's +1.2%.
Asking rents in Syracuse, NY rose 3.7% over the past year — faster than the nation's +2.7%.
Owning the typical home in Syracuse runs $298/mo more than renting one — the widest that gap has been in this data.
That is $1,864 a month against $1,566 rent: a $1,172 mortgage payment, plus $453 property tax and $239 insurance & upkeep.
Owning vs renting — Syracuse
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,864
- Renting$1,566
- Mortgage only$1,172
Property tax · $453/mo 2.44% of value a year — the ACS 2020-2024 median bill over the median home value for Onondaga County, NY
Insurance & upkeep · $239/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Syracuse, Onondaga County, New York
Syracuse is a city of 148,620 people in Onondaga County. Half its households earn more than $47,819 a year and half less, against $76,945 across Onondaga County; 29% of its people live below the poverty line. 42% of its homes are lived in by their owners and 58% are rented. Unemployment in Syracuse was 5.5% in August 2026, and Onondaga County had 2.0% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Syracuse is a city where most homes are rented rather than lived in by their owners, and residents are younger than in much of the country. Household incomes run well below the county's, and a larger share of people live below the poverty line than is typical. Winters are long and cold, with a great deal of snow, while summers are pleasantly warm. Rain and melted snow fall at a moderate level through the year.
Work. Many residents work in schools, hospitals and social care, with shops, professional and business services, and restaurants and hotels also employing a good number. Among the largest workplaces in Syracuse are University Hospital at Syracuse, the Syracuse City School District and Upstate Medical University. Commutes are short, and unemployment has edged up slightly over the past year.
Things to do. The JMA Wireless Dome, a stadium, and the Everson Museum of Art are both in or beside town. Onondaga Lake is a short drive away, and Oneida Lake is a longer drive for a day by the water. Thornden Park, also in or beside town, offers green space closer to home.
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- 59,816households
- 31%of adults have a degree
- 29%below the poverty line
- 18 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Onondaga County had 250,251 jobs in 2025, 2.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 16°; warmest in July, with highs near 82° and lows near 62°. About 128 inches of snow and 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Syracuse Hancock International Airport weather station, 5 miles away (NOAA).
Largest workplaces in Syracuse
- University Hospital at SyracuseGeneral hospital5,937FTE
- Syracuse City School DistrictSchool district3,988FTE
- St. Josephs Hospital Health CenterGeneral hospital2,546FTE
- Crouse HospitalGeneral hospital2,233FTE
- Upstate Medical UniversityUniversity or college1,766
- Veterans Health AdministrationFederal government · Department of Veterans Affairs1,574
- Loretto ManagementHomes for the elderly1,127
- NGUSA Service CompanyElectric power distribution1,088
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 87 workplaces with 20 or more staff, 13,373 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherrelatively high in parts of SyracuseRelatively moderate
- Ice stormsRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Syracuse’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Onondaga County and the Syracuse, NY metro.
Syracuse home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Syracuse$223,201
- New York$524,942
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 6 Syracuse listings, and the typical home goes pending in 8 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Syracuse17.91%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Syracuse8
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Syracuse346
New listings per month
Sellers arriving at the market.
- Syracuse155
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Syracuse$224,068
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Syracuse106.43%
Zip codes with a Syracuse address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Syracuse — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Syracuse
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 13208 | Syracuse | 22,993 | $1,489 | $173,964 |
| 13210 | Syracuse | 19,803 | $1,662 | $262,593 |
| 13204 | Syracuse | 19,440 | $1,569 | $156,283 |
| 13205 | Syracuse | 19,137 | $1,475 | $149,336 |
| 13206 | Syracuse | 16,245 | $1,408 | $199,475 |
| 13203 | Syracuse | 16,180 | $1,400 | $191,194 |
| 13215 | Syracuse | 14,751 | $1,554 | $383,194 |
| 13219 | Syracuse | 14,744 | $1,975 | $265,850 |
| 13209 | Syracuse | 12,714 | — | $242,219 |
| 13207 | Syracuse | 12,290 | — | $180,422 |
| 13214 | Syracuse | 8,702 | — | $313,265 |
| 13224 | Syracuse | 8,659 | $1,469 | $280,085 |
| 13202 | Syracuse | 7,098 | $1,940 | $389,456 |
| 13211 | Syracuse | 6,111 | — | $197,318 |