Syracuse, UT 84075 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Syracuse, UT—84075

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$573,000

2.4% YoY Growth

Household Income

$132,000

40.4% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

1.9%

Median Rent

$2,620

13.0% YoY Growth

1-Bed Rent

$1,300

22.8% YoY Growth

2-Bed Rent

$1,500

16.0% YoY Growth

3-Bed Rent

$2,400

5.8% YoY Growth

Home Price Trends — Syracuse, UT

As of Dec '25, the median home price in Syracuse, UT is $573,000, with a year-over-year change of 2.4%. This indicates that home prices in Syracuse, UT are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$573,000	2.4%
Single Family	$575,000	2.5%
Condos	$448,000	1.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Syracuse, UT

As of July '25, Rentcast reports the average rent in Syracuse, UT is $2,520, with a year-over-year rent change of 13.0%. Per bedroom, the median rent as of July '25 in Syracuse, UT is 1-bedrooms: $1,400, 2-bedrooms: $1,670, 3-bedrooms: $2,380, 4-bedrooms: $2,720. The most common rental property sizes in Syracuse, UT are 5+ bedroom and 3-bedroom, accounting for 31.4% and 25.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,620	$2,520
Studio Rent	N/A	N/A
1 Bed Rent	$1,300	$1,400
2 Bed Rent	$1,500	$1,670
3 Bed Rent	$2,400	$2,380
4 Bed Rent	$2,700	$2,720

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% of Rental Stock

1 Bedroom

7.9%

2 Bedrooms

22.0%

3 Bedrooms

25.8%

4 Bedrooms

12.9%

5+ Bedrooms

31.4%

Property Listings — Syracuse, UT

As of Dec '25, Realtor.com reports that the median days on market for a home in Syracuse, UT is 53. This is a decrease of -7.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$559,000	-5.0%
Listing Count	100	8.0%
Listings as % of Homes	1.4%	8.0%
Days on Market	55	-15.0%

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Demographics — Syracuse, UT

As of the latest ACS Survey released in 2023, Syracuse, UT has a population of 34,100, which has increased by 19.8% over the past 5 years. Syracuse, UT is a popular place for families, as children make up 37.4% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	34,100	19.8%
% Under 18	37.4%	-0.8%
% Seniors	7.6%	8.6%
% WFH	15.3%	146.8%
% w/ College Degree	38.3%	2.7%

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As of the latest ACS Survey released in 2023, Syracuse, UT is a predominantly white area, with 85.5% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Syracuse, UT is hispanic, making up 8.5% of the population. Foreign-born residents account for 3.0% of the population in Syracuse, UT, and this percentage has increased by 7.1% 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	85.5%	-2.1%
% Black	0.8%	-74.2%
% Hispanic	8.5%	41.7%
% Asian	1.8%	50.0%
% Foreign Born	3.0%	7.1%

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Mortgage and Risk — Syracuse, UT

According to HUD data as of 2023, there were 1318 mortgage originations in Syracuse, UT, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Syracuse, UT. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,318
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Syracuse, UT

As of 2024, the percent of homes in Syracuse, UT under the Section 8 program is 6.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Syracuse, UT, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	100
Total Units Section 8	100
% Rentals under Section 8	6.8%
% Occupied Section 8	70.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$560	$1,300	$1,860
2 Bedroom	$800	$1,500	$2,300
3 Bedroom	$690	$2,400	$3,090
4 Bedroom	$1,040	$2,700	$3,740

Syracuse, UT—84075

Key Metrics at a Glance

Home Price Trends — Syracuse, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Syracuse, UT

% of Rental Stock

Property Listings — Syracuse, UT

Demographics — Syracuse, UT

Race and Ethnicity

Mortgage and Risk — Syracuse, UT

Mortgages

Rentals and Section 8 — Syracuse, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — Syracuse, UT

Home Price to Income Ratio

Syracuse, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Clearfield, UT

Layton, UT

Hill Air Force Base, UT

Roy, UT

Hooper, UT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$573,000
Median Household Income	$132,000

Syracuse, UT—84075

Key Metrics at a Glance

Home Price Trends — Syracuse, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Syracuse, UT

% of Rental Stock

Property Listings — Syracuse, UT

Demographics — Syracuse, UT

Race and Ethnicity

Mortgage and Risk — Syracuse, UT

Mortgages

Rentals and Section 8 — Syracuse, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — Syracuse, UT

Home Price to Income Ratio

Syracuse, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Clearfield, UT

Layton, UT

Hill Air Force Base, UT

Roy, UT

Hooper, UT

Frequently Asked Questions

What is the average home price in Syracuse, UT 84075?

How have home prices in Syracuse, UT 84075 changed over the past year?

What is the home price projection for Syracuse, UT 84075?

What are the demographics of Syracuse, UT 84075?

How long does it take homes to sell in Syracuse, UT 84075?

What is the average rent price in Syracuse, UT 84075?