Groundwork

Real estate · Metro area · New York

Real estate businesses in the Syracuse, NY metro area

The real estate businesses in the Syracuse, NY metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 69 out of 100: Upper middle

Ranked #39 of 387 scored metro areas
#9 of 13 scored metro areas based in New York

Listings
645
28 chain locations (4%)
Official establishments
317
+3.6% since 2019
Household spending a year
$4.8B
On rent and homeowner costs · $17,636 a household
Housing spending per listing (U.S. = 100)
171
71% above the U.S.
Listings per 10k households
23.8
38% below the U.S.
Population, 2025
652,273
−1.3% since 2020

See the real estate businesses around any address in the Syracuse metro area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Syracuse metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Household spending on rent and homeowner costs in the Syracuse metro area comes to about $4.8B a year: $17,636 per household, 6% above the U.S. average. Housing spending per office is 71% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

There are 645 real estate businesses on map listings in the Syracuse metro area as of September 2026. Of those, 28 are chain locations, or 4%, against 6% across the U.S. Per 10,000 households, that is 23.8, 38% below the U.S. rate of 38.5.

In 2023, official counts showed 317 businesses with payroll in the Syracuse metro area classed as real estate agents, property managers, mortgage lenders and inspectors, up 3.6% from 2019. That is one for every 856 households, against one for every 414 across the U.S. Official counts also show 2,165 one-person businesses without payroll. Since fiscal 2022, 1 SBA-backed loan worth $15K has gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Syracuse metro area.

Population estimates put the population change in the Syracuse metro area from 2020 to 2025 at −1.3%, against +3.1% for the U.S. The Groundwork market score for real estate businesses in the Syracuse metro area is 69 (upper middle), #39 of 387 scored metro areas and #9 of 13 scored metro areas based in New York. That puts it in the top quarter of metro areas.

How the Syracuse metro area compares

The same measures for New York and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Syracuse, NY metro area compared with New York and the U.S.
MeasureSyracuse metro areaNew YorkU.S.
Listings per 10k households23.831.838.5
Housing spending per listing (U.S. = 100)171138100
Households per official establishment856456414
Official establishment growth, 2019–2023+3.6%+4.7%+15.8%
Population growth, 2020–2025−1.3%−0.6%+3.1%
Spending per household on rent and homeowner costs$17,636$19,048$16,661
Median household income$75,492$85,974$80,734
Groundwork market score6961

Official counts and lending

Businesses

Official establishments, 2019 to 2023
317+3.6% over the period
Employees, 2023
1,747
Annual payroll, 2023
$110.5M
One-person businesses, 2023
2,165Businesses with no payroll
Map listings, September 2026
64528 chain locations
Listings at the U.S. rate for this spending
1,104The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$15K

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Syracuse metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Syracuse metro area

Population, 2025 estimate
652,273−1.3% since 2020
Households
271,251
Median age
41.2
Homes lived in by their owners
68%
Vehicles per household
1.6
Land area
2,385 sq. mi.
People per square mile
275
Median household income
$75,492+25.1% vs. 2015–2019, before inflation
Average household income
$99,360
Median home value
$187,700
Jobs located here
309,260
Daytime population
669,341Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Syracuse metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Syracuse metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across New York

Every New York market ranked →

The highest-scoring metro areas in New York for real estate businesses, numbered among those based in New York, with the Syracuse metro area marked.

Top metro areas in New York

Metro areas in New York ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Albany-Schenectady-Troy, NY761,03827.1160+1.9%#16 of 387
2Binghamton, NY7515715.3251−1.3%#18 of 387
3Utica-Rome, NY7419215.9245−2.0%#21 of 387
4Kingston, NY7320627.7156+1.1%#27 of 387
5Elmira, NY725716.2235−3.9%#29 of 387
6Buffalo-Cheektowaga, NY721,01720.3198−0.8%#31 of 387
7Ithaca, NY7110323.8173−1.4%#33 of 387
8Kiryas Joel-Poughkeepsie-Newburgh, NY7176930.2151+3.0%#34 of 387
9Syracuse, NY6964523.8171−1.3%#39 of 387
10Rochester, NY671,11825.1163−0.7%#51 of 387

Other business types in the Syracuse metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Syracuse, NY metro area?

As of September 2026, map listings count 645 real estate businesses in the Syracuse metro area. 28 of them (4%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 317 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 3.6% from 2019. Another 2,165 one-person businesses have no payroll, by official counts.

How much do households in the Syracuse, NY metro area spend on rent and homeowner costs?

About $4.8B a year, or $17,636 per household. That is 6% above the U.S. average (an index of 106, where 100 is the U.S. average). For the 645 real estate businesses on map listings, housing spending per office is 71% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 271,251 households in the Syracuse metro area and national spending patterns by income.

How does the Syracuse, NY metro area compare with the U.S. for real estate businesses?

The Syracuse metro area has 23.8 real estate businesses per 10,000 households, 38% below the U.S. rate of 38.5. The index of housing spending per office is 171, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Syracuse metro area would have about 1,104, against 645 on map listings. There is one business with payroll in the industry for every 856 households, against one for every 414 across the U.S. The official count rose 3.6% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Syracuse, NY metro area growing?

Population estimates put the Syracuse metro area at 652,273 people in 2025, down 1.3% since 2020, against +3.1% for the U.S. It has 271,251 households. Median household income in the Syracuse metro area is $75,492, 6% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 25.1%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Syracuse metro area scores 69 for real estate businesses (upper middle), #39 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Syracuse metro area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Syracuse metro area

Screening a site or an acquisition in the Syracuse metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Syracuse metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.