Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$285,908+6.5% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 10% have cut their price
Income needed to buy, per year$61,979About 0.8× the local median income ($78,198): affordable for a typical household
Days on market50 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+5.2%Zillow expects prices to rise strongly
The typical home in Onondaga County, NY is worth $285,908, up 6.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $224,877, so the area is 27.1% overvalued. It is a balanced market, leaning toward sellers: homes take about 50 days to sell, listings are up 30% from a year ago, 10% of listings have had a price cut. Zillow expects prices to rise about 5.2% over the next year. A household needs about $61,979 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,198. Typical rent is $1,673 a month, or $2,281 for a house. In the latest IRS figures, 2,363 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$285,908
Change in 1 year
+6.5%
Overvalued %
+27.1%
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Fair home value
$224,877
Change in 5 years
+50.6%
Zillow forecast, next 12 months
+5.2%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,549
Income needed to afford it
$61,979
Property tax rate
2.44%
Rent and investing
Typical rent
$1,673
Typical rent for houses
$2,281
Price-to-rent ratio
14.2×
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HUD Fair Market Rent, 2 bedrooms
$1,493
Gross rental yield
7.02%
Cap rate (estimate)
4.56%
Market activity
Listings vs a year ago
+29.5%
Days on market
50
Listings with a price cut
10.2%
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Homes for sale
728
Pending sales per 100 listings
181
Asking price per sq ft
$192
People and jobs
Median household income
$78,198
Population change (1 year)
−0.3%
Unemployment rate
5.2%
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Population
466,584
Income adjusted for cost of living
$81,712
Net moves in (IRS)
−2,363
Cost of living (US = 100)
95.7
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
91.3
Unhealthy air days a year
4
Show 4 more
Flood risk score
95.2
Wildfire risk score
46.3
Walkability (1 to 20)
10.9
Road, rail and air noise
53 dB
Questions people ask
Is Onondaga County, NY overvalued?
Home prices in Onondaga County, NY are well above what local incomes have historically supported: fair value is about $224,877, so the area is 27.1% overvalued.
Is Onondaga County, NY a buyer's or seller's market?
Onondaga County, NY is a balanced market, leaning toward sellers: homes take about 50 days to sell, listings are up 30% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Onondaga County, NY?
Home values in Onondaga County, NY are up 6.5% over the last year. Zillow's forecast for the next 12 months is +5.2%.
How much do you need to earn to buy a home in Onondaga County, NY?
A household needs about $61,979 a year to afford the typical home in Onondaga County, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,198.