Syracuse, NY home prices
Typical home $268,949 · +6.6% in a year · income needed $91,200
The Syracuse, NY metro area ranks 394 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +6.6% in a year and +48.2% over five years. With 20% down at 7.11%, the typical home costs about $2,128 a month including 2.44% property tax (Onondaga County rate).
Mortgage on the typical Syracuse home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,790 | $215,159 | $1,447 | $0 | $681 | $2,128 | $91,200 |
| 10% down | $26,895 | $242,054 | $1,628 | $101 | $681 | $2,410 | $103,300 |
| 5% down | $13,447 | $255,501 | $1,719 | $106 | $681 | $2,506 | $107,400 |
| 3.5% down (FHA) | $9,413 | $264,077 | $1,776 | $119 | $681 | $2,576 | $110,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.44% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Syracuse area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Onondaga County, NY | $285,908 | +6.5% | 2.44% |
| Oswego County, NY | $208,964 | +7.3% | 2.4% |
| Madison County, NY | $265,243 | +6.4% | 2.26% |
What can you afford in New York on your salary? · New York home prices · Salaries in New York
Frequently asked questions
How much is a house in Syracuse?
The typical home in the Syracuse, NY metro area is worth $268,949 (Zillow, September 2026).
What salary do you need to buy a house in Syracuse?
About $91,200 a year for the typical home with 20% down at 7.11%.