Syracuse, NY housing market

The latest available asking prices, rents, and inventory, with monthly and yearly trends. Figures describe DoorHunter’s sampled listings in this region, not every home in the city.

Market data as of September 11, 2026

Syracuse, NY: Syracuse, New York skyline (cropped) Photo credits · CC BY 4.0

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The market at a glance

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Asking rent by bedroom count

Compare the monthly rent of different home sizes.

Studio / 1 bedroom
$1,200
2 bedrooms
$1,850
3 bedrooms
$2,075
4 bedrooms
$2,400
5+ bedrooms
$3,125
Medians from separate bedroom groups, not the same homes. Bedroom-level sample counts are not available.

Captured listing inventory

See the available sale and rental listing samples.

For sale
807
For rent
215
Counts cover captured active listings within the configured search area. They do not measure every available home in the city. Bars start at zero.

Current listing & rental details

Seven views of the region, with source coverage kept visible. Unavailable figures stay unavailable.

Purchase prices

Asking prices for active sale listings. The middle 50% range runs from the 25th to 75th percentile.

Median listing priceSample: 799 listings
$225,000
Middle 50% asking-price range
$164,850 to $319,950
Median price per square footSample: 795 listings
$157.97 / sq ft

Rental prices

Asking rents from a separate active rental cohort. Bedroom groups include only listings with a usable bedroom count.

Median monthly asking rentSample: 215 listings
$2,200
Middle 50% rent range
$1,725 to $2,725
Median monthly rent per square footSample: 169 listings
$1.54 / sq ft
Studio / 1 bedroom
$1,200
2 bedrooms
$1,850
3 bedrooms
$2,075
4 bedrooms
$2,400
5+ bedrooms
$3,125

Rental yields

Gross yield and cap rate use paired asking prices and modeled rents for sale listings. Cap rate deducts modeled operating expenses before financing and capital reserves.

Median estimated cap rateSample: 638 listings
8.30%
Median estimated gross rental yieldSample: 638 listings
12.25%
Monthly rent-to-price ratio
0.98%

Inventory

Counts reflect captured active listings within this region.

Active for-sale listings
807
Active rental listings
215

Listing age

Listing age among active for-sale listings with a usable days-on-market value. This is not time to a completed sale.

Median days on marketSample: 30 listings
68 days
Share listed more than 30 days
60.00%
Share listed more than 60 days
53.33%
Share listed more than 90 days
43.33%

Sales activity

Captured sales are a partial sample of transactions. Months of supply divides active sale listings by captured sales in the last 30 days; zero sales cannot establish supply.

Captured sales, last 30 days
136
Captured sales, last 90 days
476
Median sale price, last 90 daysSample: 476 listings
$268,250
Estimated months of supply
5.93 months
30-day absorption rate
16.85%

Underwriting scenarios

Medians of individual for-sale property scenarios using each listing’s own asking price and rent estimate. These are modeled results, not observed investment returns.

Median modeled monthly cash flowSample: 638 listings
$171
Middle 50% cash-flow range
-$143 to $522
Median modeled cash-on-cash return
4.42%
Median debt-service coverage
1.24×
Median break-even occupancy
87.06%
Share with positive modeled cash flow
64.26%

Scenario assumptions: 20.00% down; 7.50% fixed interest for 30 years; 2.00% closing costs; 5.00% of scheduled rent for capital reserves. Management 10.00%, maintenance 5.00%, and vacancy 5.00% of scheduled rent; annual taxes and insurance 1.50% of asking price. No HOA, rehab, or appreciation is assumed. Break-even occupancy above 100% indicates the scenario cannot cover costs at the modeled rent.

Income, employment & housing

Economic data have not been published for this market yet.

How to read these numbers

Price and rent reflect distinct listing cohorts rather than paired properties. Modeled yields and cap rates apply standard operating expense baselines and exclude individual financing, income taxes, and future capital expenditures.

Compare published markets

Current published markets with the closest median asking prices, ordered by proportional price difference. This is a price comparison, not a ranking of investment quality:

  • Rochester, NY· $224,900 median listing price · $2,067 median monthly rent
  • Buffalo, NY· $205,000 median listing price · $1,850 median monthly rent
  • Jackson, MS· $204,950 median listing price · $1,300 median monthly rent
  • Shreveport, LA· $258,990 median listing price · $1,300 median monthly rent
  • Baton Rouge, LA· $299,000 median listing price · $1,750 median monthly rent

What these medians mean for a rental budget

The price and rent medians describe different listings. Combining them below is a hypothetical sensitivity exercise, not a representative property, observed return, or recommendation.

Using the latest available listing figures, with source data as of September 11, 2026.

At a $225,000 purchase and $2,200 monthly rent, assume 25% down, a 7.5% fixed mortgage for 30 years, 5% vacancy, operating costs equal to 30% of scheduled rent, and a separate 5% capital reserve. These expense and financing assumptions are illustrative, not measured local costs.

Rent collected after vacancy
$2,090
Operating costs
$660
Capital reserve
$110
Monthly principal and interest
$1,180
Illustrative monthly cash flow
$140

Replace the teaching assumptions with actual taxes, insurance, HOA fees, maintenance, vacancy, and loan terms in the rental property cash flow calculator. This example excludes income taxes, appreciation, and acquisition costs.

Read the complete data methodology · Understand cap rate and cash-on-cash return

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