SYRACUSE HOUSING MARKET INFORMATION With 37,022 people, 9,209 houses or apartments, and a median cost of homes of $633,702, real estate costs in Syracuse are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Utah communities. Syracuse is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Syracuse than is found in 98% of the communities in America. The large homes that make up Syracuse are primarily owner-occupied ( 91.37%). Syracuse homes and real estate are some of the newest in America. 70.06% of Syracuse's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Syracuse real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.04%), and between 1940-1969 ( 3.27%). SYRACUSE HOME APPRECIATION RATES Appreciation rates for homes in Syracuse have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 115.39%, which ranks in the top 30% nationwide. This equates to an annual average Syracuse house appreciation rate of 7.97%. Over the last year, Syracuse appreciation rates have trailed the rest of the nation. In the last twelve months, Syracuse's appreciation rate has been 3.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Syracuse were at -0.60%, which equates to an annual appreciation rate of -2.37%. Notably, Syracuse's appreciation rate in the latest quarter is one of the lowest in America. Relative to Utah, our data show that Syracuse's latest annual appreciation rate is lower than 70% of the other cities and towns in Utah. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Syracuse differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Syracuse - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Syracuse real estate investment or home purchase decisions.