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Home prices up in CNY as sales fall last month

A home seen for sale here in the Syracuse area.
WAER News file photo
A home seen for sale here in the Syracuse area.

Home prices in Central New York continued to rise in January while sales slid.

The Greater Syracuse Association of Realtors says the median homes sales price was $250,000 last month, up nearly 10% compared to January of 2025.

Meanwhile, closed home sales dipped just over 7% year over year. The association attributes the downtick to buyers choosing to stay home because of the harsh winter weather.

But those willing to brave the elements had plenty to choose from. Nearly 1,200 homes were on the market in late January, nearly 29% more than the same month in 2025. Realtors expect sales activity will improve along with the weather.

Scott Willis covers politics, local government, transportation, and arts and culture for WAER. He came to Syracuse from Detroit in 2001, where he began his career in radio as an intern and freelance reporter. Scott is honored and privileged to bring the day’s news and in-depth feature reporting to WAER’s dedicated and generous listeners. You can find him on twitter @swillisWAER and email him at srwillis@syr.edu.