$1,721 Closing Credit*
$144,900
3 Beds
•1 Full Bath
Nicole Davis, Listing Office: Snyder Strategy Realty Inc.
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
$350,000
$238/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$82,000(+30.6%)
Key Takeaway
Homes in Syracuse have sold for 30.6% more than they did a month ago.
Summary: The median home sold price in Syracuse was $350,000 in November 2024, up 30.6% from last month, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224K | - | N/A |
| 2 Bedrooms | $360K | $200K | -44.4% |
| 3 Bedrooms | $267.9K | $405K | +51.2% |
| 4 Bedrooms | $780K | $415K | -46.8% |
| 5+ Bedrooms | $329K | $1.4M | +325.5% |
Summary: Syracuse housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 44.4%, 3 bedroom homes increased by 51.2%, 4 bedroom homes decreased by 46.8%, and 5+ bedroom homes increased by 325.5%.
Median Sold Price Compared To Nearby Cities
| Turkey Creek Township | $272.7K | $400K | +46.7% |
| Syracuse | $268K | $350K | +30.6% |
| Van Buren Township | $224.7K | $227K | +1.0% |
| Benton Township | $267.9K | $246K | -8.2% |
Housing Supply in Syracuse, IN
How many homes are available in Syracuse, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 66 | 0.0% |
Summary: The Syracuse real estate market had 66 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Syracuse housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Syracuse, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Syracuse in November 2024, up by 15.4% month-over-month. Of the 14 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% 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.