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Syracuse, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
30
Sold (12M)
25
Median Price
$30K
Market Condition
Buyer's Market

Syracuse, New York Market Meter

Buyer'sSeller's
Buyer's Market

10.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$30K
Avg Price/Acre
$78K
Avg Days on Market
129
Months of Supply
10.0
YoY Price Change
+1107.5%
New Listings (3M)
10

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres16916
1-2 acres--11
2-5 acres1335
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres---1
100+ acres---1
TOTAL291325
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres16 sold / 17 listed
1-2 acres1 sold / 5 listed
2-5 acres5 sold / 4 listed
5-10 acres1 sold / 1 listed
20-50 acres0 sold / 1 listed
50-100 acres1 sold / 1 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$498K$995K
0- 1
1- 2
2- 5
5- 10
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.6M
Last 12 months
Active Listings
30
Current inventory
Avg Days on Market
129
Time to sell
Price Trend (YoY)
+1107.5%
Year over year

Syracuse, New York Land Market Analysis

How much is land worth in Syracuse, New York?

The median price for land in Syracuse, New York is currently $78K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $159K.

Is now a good time to buy land in Syracuse, New York?

Syracuse, New York is currently a buyer's market with 10.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 1107.5% year-over-year.

What is the months of supply for land in Syracuse, New York?

Syracuse, New York currently has 10.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the average price per acre in Syracuse, New York?

Land in Syracuse, New York averages $122K per acre. The median price per acre is $78K, which may be more representative of typical transactions. Most parcels sold are around 10,890 sq ft.

What is the median land price in Syracuse, New York?

The median land price in Syracuse, New York stands at $30K. This translates to roughly $78K per acre for the typical parcel size. The average price is $105K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Syracuse, New York?

The 3-month absorption rate in Syracuse, New York is 10.0%. The 12-month rate is 6.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Syracuse, New York?

The current absorption rate in Syracuse, New York is 10.0% (3-month basis), indicating moderate demand. With appreciating values (+1107.5% YoY), the market shows growth potential. The top-performing broker in this market is Coldwell Banker Prime Prop,Inc.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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