Why Live in Syracuse
Vacationers from Chicago and Indianapolis know Syracuse as a waterfront vacation town in Kosciusko County. But the northern Indiana town is also home to roughly 3,200 year-round residents, a population that can surge to 15,000 during peak summer months. “Lake Wawasee is our crown jewel,” says Syracuse city manager David Wilkinson. “It’s the largest natural lake in the state of Indiana. We have Syracuse Lake connected to Lake Wawasee by a channel, so everybody comes here to enjoy the lakes.” While many buyers are interested in vacation homes on the water, full-time residents choose Syracuse for its laid-back atmosphere and plentiful parks and recreation, plus its proximity to the employment hubs of Goshen and Warsaw, both about 20 minutes away. Lakefront properties in Syracuse are a hot commodity. Still, the town offers a variety of housing styles and prices, ranging from small cottages and ranch-style homes to multimillion-dollar mansions. The median price of a single-family home is about $350,000, which is higher than Goshen’s median of roughly $250,000. Condos are another option and can range from $200,000 for a studio to nearly $1 million for a four-bedroom unit. “We’re
Home Trends in Syracuse, IN
On average, homes in Syracuse, IN sell after 99 days on the market compared to the national average of 70 days. The median sale price for homes in Syracuse, IN over the last 12 months is $430,000, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$430,000
Median Single Family Sale Price
$1,950,000
Median 2 Bedroom Sale Price
$402,450
Average Price Per Sq Ft
$508
Number of Homes for Sale
6
Last 12 months Home Sales
16
Median List Price
$575,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
18%