Markets/New York/Syracuse

Syracuse, NY Real Estate Market 2026

Investor-grade market analytics for Syracuse, New York. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$245,046

+4.8% year-over-year

Est. Rental Yield

7.8%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Market Momentum

๐Ÿ”ฅ
Hot
1.8mo supply ยท Score +5/7

Migration: Top 96% nationally

Income Migration

โžก๏ธ Neutral0.91x

In-migrants avg $61,946 AGI vs out-migrants $68,387

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Opportunity Zone Market

10 ZIP codes in Syracuse are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Syracuse Market Summary

Syracuse, NY shows steady growth at 4.8% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.33x, below the national average of 4.8x. Net negative migration (-1,017 returns/year) is reducing housing demand pressure. Climate risk remains low (33/100), favorable for long-term investment stability. Rental yield of 7.77% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score95/100
Price-to-Income Ratio3.3x (national avg 4.8x)
Median Household Income$73,558

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Syracuse, NY's primary climate exposure is flooding (57/100). The composite climate risk score of 33/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Syracuse dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.