Is Syracuse, NY 13206 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Syracuse is a seller’s market. With about 3.4 months of supply and 79% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score85/ 100

More competitive than 90% of U.S. ZIP codes, and #254 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.4Under 4 months = seller’s market
Sold above original list79.4%Share of sales, last 3 months
Median sale-to-list106.2%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$163▲ +20.1% vs. last year

The Syracuse housing market right now

In the three months ending August 31, 2026, 79% of homes in Syracuse, NY 13206 sold above their list price, the typical home went under contract in 22 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 35 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 71%, homes sold more slowly (15 days then) and the median sale price rose 5% to $210,383. Overall, Syracuse is more competitive than a year ago, so tougher for buyers.

Within Onondaga County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Syracuse ranks #254 of 649 NY ZIP codes with enough sales (score 85 out of 100).

Nearby, buyers who want less competition could look at Skaneateles 13152 (32% sold over asking) or Nedrow 13120 (33% sold over asking), while Fabius 13063 (100% sold over asking) and Clay 13041 (87% sold over asking) are even more competitive.

Nearby markets

Apulia Station 13020 $155 /sq ftBaldwinsville 13027Seller’s market $217 /sq ftBrewerton 13029Seller’s market $223 /sq ftCamillus 13031Seller’s market $216 /sq ft Browse all markets →

Where Syracuse is

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Questions about Syracuse real estate

Is Syracuse a buyer’s or seller’s market?

A seller’s market: there were 3.4 months of supply in Syracuse, NY 13206 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Syracuse?

The typical home went under contract in 22 days in the latest three months.

Do homes in Syracuse sell over asking?

79% of homes sold above their original list price, and the typical sale closed at 106.2% of the list price.

What are property taxes in Syracuse?

About 2.44% of a home’s value a year in Onondaga County, or roughly $9,760 on a $400,000 home.

What is the median home price in Syracuse?

The median sale price was $210,383 in the three months ending August 31, 2026, about $163 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology