Name: Syracuse Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Syracuse, Utah in 2026?

Accepted Answer

As of May 2026, the median home price in Syracuse, Utah is $565,000, which is 8.9% above the Utah state median of $518,888. Home prices in Syracuse range from $131,250 to $1,195,000, with an average sale price of $580,429. These figures are based on recent closed transactions in the Syracuse real estate market.

Question 2

Is Syracuse, Utah a buyer's or seller's market?

Accepted Answer

Syracuse, Utah is currently a warm market that leans slightly toward sellers. Key indicators include an average sale-to-list price ratio of 99.6% and homes spending an average of 71 days on the market. Syracuse’s median home price of $565,000 sits roughly 9% above the Utah median and is rising faster month‑over‑month while days on market are essentially on par with the state.

Question 3

How long do homes stay on the market in Syracuse?

Accepted Answer

Homes in Syracuse, Utah spend an average of 71 days on the market before going under contract compared to the Utah state average of 72 days (1.2% below average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Syracuse, Utah?

Accepted Answer

As of May 2026, there are 92 active homes for sale in Syracuse, Utah with 194 new listings added recently. In the most recent reporting period, 92 transactions closed in Syracuse. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Syracuse, Utah?

Accepted Answer

Yes — Syracuse currently has 194 new listings recently added to the market, with prices starting from $131,250. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Syracuse is $565,000.

Question 6

How does Syracuse compare to the Utah state average?

Accepted Answer

Syracuse home prices are 8.9% above the Utah state median of $518,888, with a local median of $565,000. Homes sell faster than the state average — 71 days in Syracuse vs 72 days statewide (1.2% below average). The sale-to-list ratio is 99.6% locally vs 99.0% statewide.

Question 7

Are homes in Syracuse more expensive than the Utah average?

Accepted Answer

Yes, homes in Syracuse are more expensive than the Utah state average. The median home price in Syracuse is $565,000, compared to the statewide median of $518,888 — a difference of $46,112 (+8.9%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Syracuse than the rest of Utah?

Accepted Answer

Yes, homes in Syracuse sell faster than the Utah average. The average days on market in Syracuse is 71 days, compared to 72 days statewide (1.2% below average). This faster pace signals strong buyer demand in the area. The overall market temperature is considered warm.

Question 9

How have home prices changed in Syracuse over the past year?

Accepted Answer

Home prices in Syracuse, Utah have increased by 1.5% over the past year. The median sale price went from $585,000 to $594,000. This moderate appreciation is consistent with steady market fundamentals. Check the Syracuse market trends section above for detailed charts.

Question 10

Is the Syracuse housing market heating up or cooling down?

Accepted Answer

The Syracuse housing market is currently showing mixed signals, with prices up 1.5% year-over-year and days on market increasing by 0.7%. The market temperature is rated "warm" based on current conditions. Syracuse’s median home price of $565,000 sits roughly 9% above the Utah median and is rising faster month‑over‑month while days on market are essentially on par with the state. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Syracuse home prices this time last year?

Accepted Answer

In May 2025, the median home sale price in Syracuse, Utah was $585,000. Today, the median is $594,000, representing a change of +1.5% ($9,000 increase). During that same period, the average days on market went from 42 to 42 days.

Question 12

What is the current market outlook for Syracuse, Utah?

Accepted Answer

Syracuse’s residential market remains robust, with the median closed price at $565,000—about $46,000 above the Utah average. Prices have surged 16.5% from the prior month, and the sale‑to‑list ratio of 99.6% shows buyers are willing to meet sellers’ expectations. Single‑family homes dominate activity, with 84 sales at a median of $584,900 and an average size of 2,603 sq ft, while townhomes and condos are a smaller, but rapidly appreciating segment (+17.9% YoY). Days on market (71) are essentially identical to the state average, indicating steady demand despite the modest inventory of 85 active single‑family listings and 7 active condos.

On the macro side, mortgage rates have begun to rise again, with the 30‑year rate climbing from 6.06% in April to 6.35% in May, and the 15‑year rate now at 5.69%. Nevertheless, the broader economic backdrop is supportive: Utah’s unemployment remains low at 3.6%, consumer sentiment has improved to 56.4, and housing starts are holding steady above 1.4 million units. These factors, combined with the recent statewide regulatory changes (e‑bike law and LDS Church adjustments) that have minimal direct impact on Syracuse, suggest a market that is still warm but may start to moderate as borrowing costs increase. Buyers should act promptly, especially on single‑family homes, while sellers can expect strong pricing power in the near term. The market temperature is rated "warm." Syracuse’s median home price of $565,000 sits roughly 9% above the Utah median and is rising faster month‑over‑month while days on market are essentially on par with the state.

Question 13

What are the key highlights of the Syracuse housing market?

Accepted Answer

Key highlights of the Syracuse, Utah housing market include: Median price up 16.5% month‑over‑month, outpacing the broader Utah market.. Sale‑to‑list ratio at 99.6% indicates buyers are paying near asking price.. Inventory is tight: 194 new listings versus 92 closed transactions in the last three months.. Mortgage rates have ticked higher this month (30‑yr up to 6.35%), adding pressure on affordability.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Syracuse, Utah?

Accepted Answer

Homes in Syracuse, Utah range from $131,250 to $1,195,000, with a median price of $565,000. The standard deviation is $164,559, indicating relatively consistent pricing across the area. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What are the best schools in Syracuse, Utah?

Accepted Answer

Syracuse has 8 schools. The top-rated schools based on state performance scores include: Bluff Ridge School (53.3% score), 914 students; Syracuse Arts Academy - Antelope (53.3% score), 988 students; Syracuse School (51.3% score), 861 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Syracuse schools and nearby homes for sale on Propaired.

Question 16

How do Syracuse schools compare to the state average?

Accepted Answer

Of the 8 schools in Syracuse, 0 (0%) are rated as high-performing and 0 have strong academics indicators. Families should research individual school ratings on our Syracuse schools page for detailed performance breakdowns.

Question 17

Are there STEM or specialty schools in Syracuse?

Accepted Answer

Yes, Syracuse has 2 schools with STEM excellence indicators, including Syracuse Arts Academy - Antelope, Syracuse School. These schools demonstrate above-average performance in math, science, or both according to Utah state assessments.

Question 18

What is the internet quality in Syracuse, Utah?

Accepted Answer

Syracuse has an average broadband download speed of 10000 Mbps and 100% of homes have access to fiber internet. Top internet providers include Utah Telecommunication Open Infrastructure Agency. This is above average for Utah, supporting remote work and streaming. Residents have an average of 13.2 provider options.

Question 19

Are single-family homes or condos a better investment in Syracuse?

Accepted Answer

In Syracuse, single-family homes have a median price of $584,900 (+2.6% YoY), while townhomes/condos are $459,900 (+17.9% YoY). SFRs sell in 39 days vs 44 days for condos. Condos offer a lower entry point with competitive returns. Both property types are available with AI-powered search on Propaired.

Question 20

What is the price per square foot in Syracuse?

Accepted Answer

The median price per square foot in Syracuse, Utah is $233. The average home size is 2,556 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 21

Is now a good time to buy a home in Syracuse, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.35% and Utah's unemployment rate is 3.6%, with Syracuse's market rated as "warm." Prices are rising at 1.5% year-over-year. Strong demand means well-priced homes move quickly — being pre-approved helps. Market timing depends on your personal financial situation and goals.

Question 22

When is the best time to buy a home in Syracuse?

Accepted Answer

Historically, August offers the most new listings in Syracuse, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Question 23

Is Syracuse a safe place to live?

Accepted Answer

Syracuse has a safety rating of 7.5 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 22.6 per 1,000 residents, which is 51% below the statewide average, making it relatively safe with low crime. The violent crime rate is 5.6 per 1,000 residents and the property crime rate is 12.8 per 1,000 residents. (Population: 38,714)

Question 24

What is the crime rate in Syracuse?

Accepted Answer

In 2024, Syracuse's total NIBRS crime rate was 22.6 offenses per 1,000 residents. This includes crimes against persons (5.6 per 1K), property crimes (12.8 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

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