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 Type | 4.60% |
| One Bedroom | 20.20% |
| Two Bedrooms | 28.30% |
| Three Bedrooms | 32.60% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $68,000 |
| Median Price asked for vacant units | $53,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $410 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 5% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 51.80% |
| Debt Free | 36.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
