Syracuse, NY

Population: 145,934
Average annual home appreciation rate: 4.55%
Total of homes for sale in this market: 349
Median home price: $81,482
Median Rent: $577 per room
Home price range: 51.73% of homes are between $47,001 – $95,000
Median sales price: NO DATA
Number of homes: 168
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 38.96% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 14.40%
Number of renters: 58.82%
Number of owner occupied: 41.18%
Number people living below poverty level: 33.65%
Unemployment rate: 7.90%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Syracuse area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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