Market Overview
Home Prices in Syracuse, NE
The median home value in Syracuse, NE is $274,178 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.2% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Syracuse are priced33% below average.
Over the past five years, Syracuse home values have risen by approximately48.0%, reflecting strong long-term appreciation in this market.
Price History
Syracuse Home Price Trend
2020
$163,937
$164K
—
2021
$185,282
$185K
+13.0%
2022
$215,635
$216K
+16.4%
2023
$225,528
$226K
+4.6%
2024
$240,839
$241K
+6.8%
2025
$251,043
$251K
+4.2%
2026
$274,178
$274K
+9.2%
City Comparison
Syracuse vs. National Median
🏠 Syracuse
$274,178
National Median
$410,000
At $274,178, homes in Syracuse cost 33% below the national median of $410,000. This makes Syracuse a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Syracuse?
20% Down Payment
$54,836
on $274,178
Monthly P&I
$1,430/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,816/mo
incl. taxes & insurance
Income Needed
$72,640
gross annual (30% rule)
10% Down Option
$27,418
+ PMI applies
Loan Amount (20% dn)
$219,342
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Syracuse, NE?
The median home value in Syracuse is $274,178 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.2% year-over-year.
How much have home prices changed in Syracuse?
Over the past year, home values in Syracuse have increased by 9.2%. Over five years, prices have risen approximately 48.0%.
How much do I need to earn to buy a home in Syracuse?
To comfortably afford the median home price of $274,178 with a 20% down payment ($54,836) at today's rates (6.8%), you'd need a gross annual income of approximately $72,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Syracuse compare to the national average home price?
The national median home value is approximately $410,000. At $274,178, homes in Syracuse are 33% below the national average.