$1,186 Closing Credit*
$99,900
995 SqFt
2 Beds
•1 Full Bath
Mark Bell Jr., Listing Office: Bell Home Team
Is Westside Syracuse, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Westside Syracuse was a Seller's Market.
Key Takeaway
Westside Syracuse is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Westside Syracuse, NY
How much do homes in Westside Syracuse, NY cost?
Median Sold Price
$111,700
$60/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,700(+11.7%)
Key Takeaway
Homes in Westside Syracuse have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Westside Syracuse was $111,700 in November 2024, up 11.7% from last year, and the median price per square foot was $60.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $87.5K | $68.5K | -21.7% |
| 3 Bedrooms | $109.9K | $105K | -4.5% |
| 4 Bedrooms | $106.5K | $121.4K | +14.0% |
| 5+ Bedrooms | $90.7K | $126K | +38.9% |
Summary: Westside Syracuse housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 38.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Southside Syracuse | $108K | $130.9K | +21.3% |
| Westside Syracuse | $100K | $111.7K | +11.7% |
Housing Supply in Westside Syracuse, NY
How many homes are available in Westside Syracuse, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 70 | -16.7% |
Summary: The Westside Syracuse real estate market had 70 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 26 | 20 | -23.1% |
| 4 Bedrooms | 24 | 16 | -33.3% |
| 5+ Bedrooms | 29 | 29 | 0.0% |
Summary: The Westside 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 remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 9 | -47.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westside Syracuse, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Westside Syracuse in November 2024, down by 47.1% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Westside Syracuse, NY
How long does it take to sell a home in Westside Syracuse, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 24 Days | -42.2% |
Summary: Homes in Westside Syracuse had an average of 24 days on market in Nov 2024, down by 42.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Westside Syracuse are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Westside Syracuse; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
