East Syracuse, NY 13057 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary market value indicator is the median sold price of 221,000, which indicates recent transaction-level pricing and should be used as the baseline for valuation and offer strategy; hot market conditions suggest sellers can press for price adherence to recent sales.
2. Despite a market labeled as hot, liquidity signals are mixed because the median days on market is 341, which may indicate slower sales velocity or pricing friction in parts of the sample and suggests buyers may still find negotiation opportunities on poorly positioned listings.
3. Price efficiency at the micro level is reflected by a median price per square foot of 169, which should be applied directly when screening comparable properties for pricing or renovation ROI analysis; use this as a reference for per‑unit valuation.
4. Rental fundamentals are strengthening—median market rent is 1,800 and the rent year-over-year trend is up—while interest rate pressure is described as moderate, so investors should weigh improving rent growth against financing cost sensitivity when underwriting deals.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.