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Syracuse, NY Real Estate


According to census data in the year 2000 there were 68,196 housing units in Syracuse. This represents a 4.6% decline from 71,502 in 1990.

Of those housing units, 68,196 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Syracuse is about 40.3%. Syracuse's vacancy rate, including seasonal lodging, is about 12.8%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Syracuse were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type4.60%
One Bedroom20.20%
Two Bedrooms28.30%
Three Bedrooms32.60%
Four Bedrooms11%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1939
Median Value of occupied units$68,000
Median Price asked for vacant units$53,500

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1950
Median Monthly Rent asked for vacant units$410

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5%
Home Equity Loan6.40%
Simple Mortgage51.80%
Debt Free36.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%