$740 Closing Credit*
$62,300
2,140 SqFt
4 Beds
•1 Full Bath, 1 Partial
Timothy McCarthy, Listing Office: Hunt Real Estate ERA
Is Northside Syracuse, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Northside Syracuse has remained a Seller's Market.
Key Takeaway
Northside Syracuse is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northside Syracuse, NY
How much do homes in Northside Syracuse, NY cost?
Median Sold Price
$145,000
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,416(+13.7%)
Key Takeaway
Homes in Northside Syracuse have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Northside Syracuse was $145,000 in November 2024, up 13.7% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48.7K | $90.9K | +86.6% |
| 2 Bedrooms | $115K | $128.5K | +11.7% |
| 3 Bedrooms | $123.5K | $150K | +21.5% |
| 4 Bedrooms | $130K | $160K | +23.1% |
| 5+ Bedrooms | $140K | $141.2K | +0.9% |
Summary: Northside Syracuse housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.6%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in Northside Syracuse, NY
How many homes are available in Northside Syracuse, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 136 | -4.9% |
Summary: The Northside Syracuse real estate market had 136 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 44 | 46 | +4.5% |
| 4 Bedrooms | 35 | 33 | -5.7% |
| 5+ Bedrooms | 52 | 46 | -11.5% |
Summary: The Northside Syracuse housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 27 | +42.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northside Syracuse, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Northside Syracuse in November 2024, up by 42.1% month-over-month. Of the 27 sold homes, 37% were sold under asking, 7% were sold at asking, and 56% were sold over asking.
Days on Market for Northside Syracuse, NY
How long does it take to sell a home in Northside Syracuse, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 20 Days | -22.2% |
Summary: Homes in Northside Syracuse had an average of 20 days on market in Nov 2024, down by 22.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northside Syracuse are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in Northside Syracuse; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
