$1,900 Closing Credit*
$159,999
2 Beds
•1 Full Bath
Tony Pawlicki, Listing Office: ERA Crossroads
Is Syracuse, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Syracuse has remained a Seller's Market.
Key Takeaway
Syracuse is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Syracuse, IN
How much do homes in Syracuse, IN cost?
Median Sold Price
$268,000
$188/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$18,000(+7.2%)
Key Takeaway
Homes in Syracuse have sold for 7.2% more than they did a month ago.
Summary: The median home sold price in Syracuse was $268,000 in October 2024, up 7.2% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $224K | -10.4% |
| 2 Bedrooms | $191K | $360K | +88.5% |
| 3 Bedrooms | $229.9K | $267.9K | +16.5% |
| 4 Bedrooms | $687.5K | $780K | +13.5% |
| 5+ Bedrooms | - | $329K | N/A |
Summary: Syracuse housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 88.5%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Van Buren Township | $143K | $225K | +57.3% |
| Syracuse | $250K | $268K | +7.2% |
| Turkey Creek Township | $307.5K | $272.7K | -11.3% |
| Benton Township | $310K | $267.9K | -13.6% |
Housing Supply in Syracuse, IN
How many homes are available in Syracuse, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 69 | -13.8% |
Summary: The Syracuse real estate market had 69 homes for sale in October 2024, a 13.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 38 | 32 | -15.8% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Syracuse housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 13 | -45.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Syracuse, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Syracuse in October 2024, down by 45.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.
Days on Market for Syracuse, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.