The story of this market
The typical home in ZIP 13108 sells for about $275,450, or $193 per square foot.
Prices are up +12.5% from a year ago, so sellers still have some momentum. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,077 a month.
ZIP 13108 — Marcellus
The Syracuse housing market is showing signs of resilience with strong year-over-year price appreciation despite a competitive environment. While inventory remains tight, the ongoing 'Syracuse Surge' economic initiatives are driving interest and supporting market momentum. Buyers are facing a fast-paced market, though the overall affordability remains attractive compared to national averages.
This area is well-suited for investors seeking cash-flow properties, students and faculty associated with local universities, and budget-conscious buyers looking for historic housing stock. It is less ideal for those prioritizing top-tier school districts or low property tax burdens.
Median prices moved up 12.5% year over year.
Homes spend a median of 33 days on market with 2.8 months of supply — a fast-moving market.
6% of listings have cut prices · homes sell at 103.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 5.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 13108, Syracuse NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Syracuse area remain a significant concern, with property and violent crime rates consistently trending higher than the national average. Regional comparisons indicate that urban core neighborhoods face higher safety challenges compared to suburban Onondaga County counterparts.
Public schools in the Syracuse City School District generally face challenges with lower-than-average proficiency scores and graduation rates compared to the broader New York state averages. Educational quality varies significantly by neighborhood, with some suburban districts serving the periphery offering higher-rated alternatives.
The area faces moderate risks related to heavy winter snowfall and associated ice damming or water damage. Flood risks are primarily localized to specific low-lying areas near Onondaga Creek and the lakefront, while wildfire risk is negligible.
Economic momentum is driven by the 'Syracuse Surge' initiative, focusing on technology, manufacturing, and infrastructure revitalization. Major projects include the redevelopment of the I-81 corridor and significant investments in the regional semiconductor and logistics sectors.
Property taxes in Syracuse are among the highest in the nation due to a reliance on local levies to fund municipal services and schools. The assessment regime is managed by the city and county, with exemptions available for seniors, veterans, and primary residents under the STAR program.
Commuting is primarily car-dependent, with the I-81 and I-690 corridors serving as the main arteries for regional travel. Public transit via Centro provides bus service throughout the city, though most residents rely on personal vehicles for access to major employment hubs.
Residents have access to numerous parks including Onondaga Park and the extensive Onondaga Lake Park trail system. Shopping and dining are concentrated in downtown Syracuse, the Armory Square district, and various suburban retail centers within a short drive.
The rental market is characterized by high demand and low vacancy rates, particularly for updated units near the university and downtown. Rent growth has remained steady, driven by a mix of student housing needs and a limited supply of modern apartment inventory.
The economy is anchored by healthcare, higher education, and government services. Major employers include SUNY Upstate Medical University, Syracuse University, and various regional logistics and manufacturing firms.
The area is served by a network of highways and the Centro bus system. Infrastructure improvements are currently focused on urban connectivity and the removal of highway barriers.
Development is heavily influenced by the I-81 replacement project, which is expected to reshape downtown land use and connectivity over the next decade.
The Onondaga County assessment regime relies on periodic revaluations to maintain tax rolls, with significant oversight from the state's Office of Real Property Tax Services.
Parcels are subject to city and county taxes, as well as school district levies. Special districts for water, sewer, and fire protection are common throughout the county.
Property insurance premiums are influenced by the region's high snowfall and potential for winter-related property damage, leading to stable but elevated costs.
New York is a judicial foreclosure state, requiring court intervention for all foreclosure proceedings, which typically results in longer timelines for lenders.
New York requires a comprehensive property condition disclosure statement from sellers, covering structural, mechanical, and environmental conditions.
Data retrieved from data.census.gov using ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Sky Zone Trampoline Park4.415 mi
- Funcity Adventure Park4.18.1 mi
- Central Rock Gym - Syracuse4.910.4 mi
- Get Air Trampoline Park4.415.7 mi
- Abbott Farms3.911.1 mi
- New York State Fairgrounds4.58.4 mi
- JMA Wireless Dome4.410.8 mi
- Dinosaur Bar-B-Que4.610.4 mi
- Rosamond Gifford Zoo4.58.9 mi
- Empower FCU Amphitheater at Lakeview4.29.1 mi
- Beak & Skiff Apple Hill Campus / 1911 Tasting Room4.48.4 mi
- Rosamond Gifford Zoo4.58.9 mi
- Marcus Syracuse Cinema4.25.8 mi
- Onondaga Lake Park4.710.2 mi
- Museum of Science & Technology4.610.2 mi
- Museum of Science & Technology4.610.2 mi
- Everson Museum of Art4.510.5 mi
- Erie Canal Museum4.710.6 mi
- Harriet Tubman Home4.812.6 mi
- Salt Museum4.310.2 mi
- Rosamond Gifford Zoo4.58.9 mi
- Onondaga Lake Park4.710.2 mi
- Lights on the Lake4.510.3 mi
- Clark Reservation State Park4.812.5 mi
- Clinton Square4.510.4 mi
- Timber Banks4.412.8 mi
- Wegman's Good Dog Park4.410.4 mi
- Pirates Cove Marina4.716.2 mi
- Brewerton Boat Yard, LLC4.619.9 mi
- Case Marina, LLC4.212 mi
- Drumlins4.412 mi
- Timber Banks4.412.8 mi
- Bellevue Country Club Inc4.68 mi
- Vesper Hills Golf Club4.711.8 mi
- Sunset Ridge Golf Club4.21.4 mi
- Destiny USA4.410.1 mi
- Tim's Pumpkin Patch4.35.3 mi
- Salt City Market4.710.2 mi
- CNY Regional Market4.610.5 mi
- Chuck Hafner's Farmers Market and Garden Center4.613 mi
- Syracuse Hancock International Airport4.214.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional park featuring trails, picnic areas, and lakefront access.
Historic district known for its concentration of restaurants, boutiques, and nightlife.
Cultural landmark detailing the history of the Erie Canal.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.