Is now a good time to buy a home in Syracuse, NY?
The typical home value in Syracuse, NY is $225K as of Aug 2026 (Zillow Home Value Index), up 5.6% from a year earlier. Over five years prices have compounded at +7.8% a year. Prices are 4.3% below their 10-year trend line.
Syracuse, NY price trend & forecast
Frequently asked questions
Is now a good time to buy a home in Syracuse, NY?
As of Aug 2026, our buy-timing signal for Syracuse, NY is BUY — prices are projected to rise about +3.9% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Seasonally, prices tend to be softest around Feb 2027. Buy-timing score: 57/100.
Will home prices in Syracuse, NY go down in 2027?
The model projects +3.9% over the next 12 months: about $234K by Aug 2027, with an 80% range of $229K–$239K (today $225K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Syracuse, NY?
The typical (mid-tier) home value in Syracuse, NY is $225K as of Aug 2026, +5.6% year over year.
What is the cheapest time of year to buy in Syracuse, NY?
Historically, prices in Syracuse, NY run lowest in February, about 2.6% below the annual average, and highest in August.
Other cities in New York
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.