Cities with the most expensive homes in the Syracuse metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Syracuse metro area using data from . Charts show the monthly typical home value since January 2018. All 22 cities and towns with data available were included in the list.

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#22. Altmar, NY

- Typical home value: $182,457
- 1-year price change: +9.3%
- 5-year price change: +43.8%

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#21. Fulton, NY

- Typical home value: $187,377
- 1-year price change: +6.0%
- 5-year price change: +38.1%

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#20. Nedrow, NY

- Typical home value: $190,818
- 1-year price change: +6.6%
- 5-year price change: +48.3%

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#19. Earlville, NY

- Typical home value: $192,671
- 1-year price change: +9.3%
- 5-year price change: +37.8%

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#18. Lacona, NY

- Typical home value: $195,829
- 1-year price change: +11.1%
- 5-year price change: +38.5%

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#17. Munnsville, NY

- Typical home value: $219,392
- 1-year price change: +6.0%
- 5-year price change: +36.6%

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#16. Syracuse, NY

- Typical home value: $224,508
- 1-year price change: +5.4%
- 5-year price change: +45.3%

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#15. Pulaski, NY

- Typical home value: $225,862
- 1-year price change: +7.9%
- 5-year price change: +35.5%

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#14. Canastota, NY

- Typical home value: $233,126
- 1-year price change: +6.1%
- 5-year price change: +44.6%

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#13. Jordan, NY

- Typical home value: $242,359
- 1-year price change: +6.6%
- 5-year price change: +43.0%

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#12. Morrisville, NY

- Typical home value: $244,987
- 1-year price change: +6.9%
- 5-year price change: +47.4%

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#11. North Syracuse, NY

- Typical home value: $248,624
- 1-year price change: +6.9%
- 5-year price change: +51.4%

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#10. Phoenix, NY

- Typical home value: $250,706
- 1-year price change: +7.2%
- 5-year price change: +43.2%

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#9. East Syracuse, NY

- Typical home value: $256,514
- 1-year price change: +3.7%
- 5-year price change: +45.3%

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#8. Central Square, NY

- Typical home value: $264,346
- 1-year price change: +9.5%
- 5-year price change: +37.8%

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#7. Bridgeport, NY

- Typical home value: $270,792
- 1-year price change: +8.4%
- 5-year price change: +52.0%

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#6. Minoa, NY

- Typical home value: $274,287
- 1-year price change: +6.4%
- 5-year price change: +53.2%

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#5. Chittenango, NY

- Typical home value: $280,890
- 1-year price change: +6.7%
- 5-year price change: +47.7%

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#4. Liverpool, NY

- Typical home value: $296,584
- 1-year price change: +6.9%
- 5-year price change: +54.6%

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#3. Baldwinsville, NY

- Typical home value: $337,463
- 1-year price change: +7.7%
- 5-year price change: +49.3%

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#2. Brewerton, NY

- Typical home value: $338,268
- 1-year price change: +6.5%
- 5-year price change: +48.5%

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#1. Fayetteville, NY

- Typical home value: $417,715
- 1-year price change: +8.7%
- 5-year price change: +55.8%

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