Brokers — List your Company Here
Featured local agent — Syracuse, IN
Sarah Mitchell
Compass Real Estate · Syracuse, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Syracuse, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$198,050median sale price
How is the Syracuse, IN housing market right now?
The median home sale price in Syracuse, IN is $198,050, down 79.4% year-over-year. Homes sell in an average of 33 days with 14 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Syracuse a buyer's or seller's market?
Syracuse, IN is currently a leaning buyer's, based on 4.7 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
33
Average pace
Active listings
14
4.7 months supply
Sale-to-list
94.6%
Below asking
What does the Syracuse housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $198,050 |
| Median list price | $232,400 |
| Year-over-year price change | -79.4% |
| Average days on market | 33 days |
| Active inventory | 14 listings |
| Months of supply | 4.7 months |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $196/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 6 |
| Listings with a price cut | 50.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Syracuse by property type?
How the Syracuse, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $198,050 | $196/sq ft | 3 | 33 days |
| Condo / Co-op | $305,000 | $298/sq ft | 1 | 36 days |
Source: Redfin · Updated monthly
The Syracuse housing market is currently classified as a leaning buyer's with a median sale price of $198,050. Prices have fallen 79.4% compared to last year, with homes spending an average of 33 days on market, indicating 4.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.
Homes for sale in Syracuse
There are currently 14 homes listed for sale in Syracuse, Indiana. The median listing price is $232K.
Active listings
14
Homes on market
Median list price
$232K
Avg. days on market
33
Days until sale
New this week
6
Newly listed
Who lives in Syracuse?
Population
3,232
Median income
$63,894/yr
Median age
45.2 years
Owner-occupied
69.5%
College grads
20.5%
Avg commute
20 min
Source: U.S. Census Bureau ACS
What are homes worth in Syracuse?
Zillow home value
$385,814
Zillow rent index
$1,700/mo
Price-to-rent ratio
18.9x
Price-to-income
6.0x
Source: Zillow Research
What is it like to live in Syracuse?
Syracuse is a community of approximately 3K residents with a median age of 45.2 years.The median household income is $63,894, which represents a working-class community with solid middle-income opportunities. 20.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Syracuse offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Syracuse?
3 schools tracked · 2,027 students
The largest public schools serving Syracuse, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Wawasee High School
Grades 9-12 · 901 students
Wawasee Middle School
Grades 6-8 · 626 students
Syracuse Elementary School
Grades K-5 · 500 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Syracuse, IN?
Want a head-to-head view? Compare Syracuse side-by-side with any other U.S. city using our market-comparison tool.
Is Syracuse a good real estate investment market?
For investors evaluating Syracuse, the price-to-rent ratio of 18.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 79.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Syracuse's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Syracuse's median home price.
Frequently asked questions
What is the average home price in Syracuse?
The median home sale price in Syracuse is $198,050, down 79.4% from last year.
How long do homes stay on market in Syracuse?
Homes typically spend 33 days on market before going under contract.
What is the median income in Syracuse?
The median household income is $63,894 per year.
Is Syracuse a buyer's or seller's market?
With 4.7 months of supply, Syracuse is currently a leaning buyer's.
What is the Zillow home value estimate for Syracuse?
The Zillow Home Value Index (ZHVI) for Syracuse is $385,814, representing the typical home value in the area.
What is the median condo price in Syracuse?
The median condo/co-op sale price in Syracuse, IN is $305,000, compared to $198,050 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Syracuse?
The median single-family home price in Syracuse, IN is $198,050 (about $196 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Syracuse, IN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Syracuse market alerts
Weekly updates on prices, inventory, and trends. Free forever.