Market Intelligence Report — NY-060

Syracuse, NY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NY-09
As of the latest 2026 data
Very Competitive

Median Listing

$305K
+2.9% YoY

Pending Ratio

1.73
-25.2% YoY

Active Inventory

1,090
+20.4% YoY

Median DOM

53 Days
+9.4% YoY

Primary Intelligence Tool — Sold Score™

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The Syracuse market remains highly competitive, driven by a pending ratio of 1.73, indicating robust demand relative to available supply. Despite a 20.4% year-over-year increase in active listings, this has not significantly eased the market intensity. Listing prices continue to appreciate, with the median listing price up 2.9% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.0%+0.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

652,273-0.2% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Syracuse market right now.

The market exhibits strong directional trends, with the pending ratio at 1.73, signaling a significant absorption of available inventory. Active listings have expanded by 20.4% year-over-year, reaching 1,090 units, though this growth is offset by accelerated pending activity. New listings also increased by 5.1% year-over-year, contributing to a moderate replenishment of supply, while median days on market rose by 9.4% over the past year to 53 days.

Historical Analysis

Market Trends

Median Price

$305K-3.2% MoM

Active Inventory

1,090+20.4% YoY

Days on Market

53+9.4% YoY

Sold Score™

83-25.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

83
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage remains firmly with sellers, characterized by the rapid pace of transactions as evidenced by the high pending ratio. Inventory pressure persists despite an increase in active listings, sustaining competitive conditions. Price discipline is strong, with the median listing price showing continued year-over-year growth.

Luxury Segment

The average listing price increased by 11.3% year-over-year to $462,510, outpacing the median listing price growth of 2.9%. This wider spread between average and median prices suggests stronger appreciation or demand at higher price points, while the median price per square foot saw a 6.2% year-over-year increase.

Supply Dynamics

1,090 active listings represent the current floor, with new supply arriving at roughly 658 per month.

Pricing Pressure
8.5%

of active listings carry a price reduction, -0.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.2% year-over-year.

Absorption
1.73

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Syracuse, NY? Homes here are taking 5 days longer to sell than last year.

Demand in Syracuse, NY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
173%
Median Days on Market
53 days
Inventory YoY
+20%

Demand is strong in Syracuse, NY. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Syracuse, NY
CBSA Code
45060
State
NY

ZIPs in Syracuse, NY

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