University Hill, Syracuse, NY—13210
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — University Hill, Syracuse, NY
As of Oct '25, the median home price in University Hill, Syracuse, NY is $251,000, with a year-over-year change of 7.7%. This indicates that home prices in University Hill, Syracuse, NY are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $251,000 | 7.7% |
| Single Family | $251,000 | 7.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $195,000 | 11.4% |
3 Bed | $237,000 | 6.8% |
4 Bed | $277,000 | 9.5% |
| 5 Bed | $323,000 | 12.5% |
% of Housing Stock
Rental Trends — University Hill, Syracuse, NY
As of July '25, Rentcast reports the average rent in University Hill, Syracuse, NY is $1,600, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in University Hill, Syracuse, NY is studios: $1,350, 1-bedrooms: $1,240, 2-bedrooms: $1,620, 3-bedrooms: $1,710, 4-bedrooms: $1,670. The most common rental property sizes in University Hill, Syracuse, NY are 1-bedroom and 2-bedroom, accounting for 31.3% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,600 |
| Studio Rent | $1,100 | $1,350 |
| 1 Bed Rent | $1,280 | $1,240 |
| 2 Bed Rent | $1,360 | $1,620 |
| 3 Bed Rent | $1,800 | $1,710 |
| 4 Bed Rent | $2,000 | $1,670 |
% of Rental Stock
Property Listings — University Hill, Syracuse, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in University Hill, Syracuse, NY is 41. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $279,000 | -2.0% |
Listing Count | 34 | 6.0% |
| Listings as % of Homes | 0.2% | 6.0% |
Days on Market | 41 | -10.0% |
Demographics — University Hill, Syracuse, NY
As of the latest ACS Survey released in 2023, University Hill, Syracuse, NY has a population of 19,300, which has decreased by -31.6% over the past 5 years. University Hill, Syracuse, NY is a less popular place for families, as children make up 9.4% of the population. The area has a highly educated workforce, with 50.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,300 | -31.6% |
% Under 18 | 9.4% | -10.5% |
% Seniors | 9.6% | 57.4% |
% WFH | 14.0% | 154.5% |
% w/ College Degree | 50.3% | 1.0% |
As of the latest ACS Survey released in 2023, University Hill, Syracuse, NY is a predominantly white area, with 58.2% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in University Hill, Syracuse, NY is black, making up 20.0% of the population. Foreign-born residents account for 17.5% of the population in University Hill, Syracuse, NY, and this percentage has increased by 19.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 58.2% | 2.3% |
% Black | 20.0% | -1.5% |
% Hispanic | 8.5% | -1.2% |
% Asian | 9.7% | -13.4% |
% Foreign Born | 17.5% | 19.9% |
Mortgage and Risk — University Hill, Syracuse, NY
According to HUD data as of 2023, there were 119 mortgage originations in University Hill, Syracuse, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in University Hill, Syracuse, NY. Investor activity is low, as 9.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 119 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — University Hill, Syracuse, NY
As of 2024, the percent of homes in University Hill, Syracuse, NY under the Section 8 program is 15.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in University Hill, Syracuse, NY, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,315 |
Total Units Section 8 | 791 |
% Rentals under Section 8 | 15.1% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,280 | $1,160 |
| 2 Bedroom | $70 | $1,360 | $1,430 |
| 3 Bedroom | -$50 | $1,800 | $1,750 |
| 4 Bedroom | -$30 | $2,000 | $1,970 |
Affordability — University Hill, Syracuse, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $251,000 |
| Median Household Income | $38,800 |