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Syracuse Ranks #1 for the Most Affordable Place to Live
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According to CNN, affordability is high here because home prices are so low. Read More

Housing

In 2010, CNN Money cited Syracuse as the most affordable city in the U.S. Lending to Central New York's affordability are its modest housing prices. Whether it be an upscale condominium in vibrant downtown Syracuse, a home on one of the area's numerous lakes, or a single family home in the suburbs, the Syracuse metropolitan area offers a variety of quality housing. In 2009, the average home in the Syracuse Metropolitan Area sold for $121,000.

Comparables – Average Selling Price of Homes in 2009

  • Onondaga County – $129,000
  • NYS – $213,000
  • US – $172,000
  • Northeast - $243,000
(Source – National Association of Realtors)


Median home prices around Onondaga County in 2009:

Town 

Price 

Town

Price

Camillus $153,000
Marcellus $166,900
Cicero  $165,700  Onondaga $170,100
Clay $152,400  Otisco $169,300
DeWitt  $236,600  Pompey $293,000
Elbridge $124,800  Salina $106,300
Fabius  $104,700 Skaneateles $476,900
Geddes $112,500 Spafford $217,100
LaFayette $157,100 City of Syracuse $88,000
Lysander $203,300 Tully $195,800
Manlius $227,500 Van Buren $125,200
                                                           
(Source – Central New York Information Services) Housing Statistics

 

Housing Statistics

Total Housing Units - 202,258
Owner Occupied - 121,896
Renter Occupied - 61,585
Average Household Size - 2.4
Moved into Unit Since 2000 - 50.7%
Units Valued between $50,000 and $150,000 - 59.4%

(Source - US Census Bureau American FactFinder)