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Four Potential Neighborhoods for Real Estate Investments in Onondaga County

KH Realty Group • September 22, 2022

Onondaga County finds its roots at the center of New York. The county is an ideal place to live due to its peaceful living and attractions. The county seat, Syracuse, is home to the famous Syracuse University, which emerged as a major research center for the students of many cities in the state. While living in New York can be challenging due to the busy roads and expensive properties, real estate investments in Onondaga County can save you from all the hassle.


To help you make an informed decision, we have gathered the details of the three potential neighborhoods in Onondaga County for real estate investments.


Real Estate Investments in Onondaga County

Onondaga County - An Overview


Onondaga County is one of the popular counties across the state of New York. The county has a total population of 476,516 (2020 census). If we look back into history, this county was home to the native American tribe during the European contact years. Initially a part of Albany County, Onondaga County continued to establish its formal presence after forming the state’s counties in 1683.


The self-governing county of Onondaga has a total area of 806 square miles, with dry land covering 778 square miles and water taking the rest of the 27 square miles. The residents of the county follow the Eastern time zone. Moreover, the landscape in the area makes it one of the best places to live and invest.


Apart from the residential scope, the county is also home to various lakes and reservoirs. You can find Oneida Lake, Otisco Lake, Onondaga Lake, and Skaneateles Lake among the popular vacation spots. If you have moved to New York and want to settle in an area that connects you with both sides of the state, Onondaga County cities like Syracuse can be your perfect spot.

Best Places to Invest in Onondaga County


Made up your mind? Let’s help you get started with some of the best places to invest in the county of Onondaga.


Liverpool

Liverpool is a famous village in Onondaga County, NY. The place is an ideal residential spot for retirees and young professionals seeking investment opportunities. The suburban area has attracted investments in recent years, increasing its popularity among the residents of New York. Liverpool can effectively serve your needs, whether you plan to build your house for family or rentals.


Liverpool's total population is 2,182, making it ideal for low-key settlers. You can access markets and stores in the area to buy groceries and other items of necessity. Moreover, several schools in the area offer high-end schooling to pre-school and middle-school kids. As a valuable suburb of Syracuse, you can find potential investment opportunities in Liverpool.


If we look at the stats, Liverpool has a sparse suburban community, with 65% of residents owning properties in the area and 35% living in rented houses. Moreover, the median home value in Liverpool is $143,100. You may check with your real estate consultant to explore investment opportunities.


Cicero

If less populated suburbs do not meet your expectations, Cicero in Onondaga County can effectively serve your needs. The area is densely populated, among other names on the list. As one of the famous investment sites, Cicero attracts retirees, young professionals, and other New Yorkers who like to settle close to the center. From parks to public schools, Cicero has everything to offer.


With a total population of 30,793, Cicero remains the highlight of Onondaga County. The Cicero residents have access to various parks and markets, making it ideal for residential and commercial investments. This suburb attracts retirees due to modern facilities and easy access to other towns. Apart from these perks, you can find various school options for your kids to get a quality education.


Recent stats tell that 80% of the Cicero residents own properties in the area. However, 20% of people opt for rented residences. The place is an ideal fit for young professionals, kids, and retirees to settle down. You can consult your real estate agent to discover investment opportunities in the area.


Baldwinsville

If you need to settle down in a dense suburban atmosphere in the center of New York, Baldwinsville may quickly meet your demands. The suburban area in Onondaga County offers various attractions to residents, creating a peaceful environment to live. Most residents in the area own properties. If you want to make profitable investments, Baldwinsville can be a good kickoff.


Baldwinsville has a total population of 7,732, making it more populated than Liverpool. The easy access to various parks in the area makes it attractive to investors. More importantly, families of retirees can settle down at Baldwinsville due to the highly rated public schools. Young professionals can also build a peaceful, conservative lifestyle in the suburb.


According to recent stats, Baldwinsville has 60% of residents who own properties in the area, while 40% live in rented places. As a dense suburb, Baldwinsville can attract investors who want to settle in moderately dense populations in central New York. Moreover, the median home value at Baldwinsville is $146,000. You may consult your realtor for potential investment opportunities in the area. 


Clay

Another nearby town in Onondaga County, New York is Clay. Recent stats show the population at 59,401, which made it the largest suburb of Syracuse. Clay is named after American attorney and statesman Henry Clay.


Living in Clay gives residents a sense of being surrounded by others and offers a rich suburban setting. In Clay, a number of families live and work in close proximity, and residents tend to have a moderate political outlook. In most of Clay, public schools are excellent. The median home value is $150,000 in Clay with more than 70% of residents owning their property.


With an extensive range of amenities, from fantastic park systems to 3,000 miles of waterways and proximity to numerous highways, Clay is one of Money magazine's 100 best places to live in the country.

Real Estate Investments in Syracuse

Benefits of Real Estate Investments in Onondaga County

Many real estate investors wonder if Onondaga County can be a profitable location for commercial and residential investments. If you find yourself rowing in the same boat, the above-mentioned suburbs can end your confusion. These places have attracted many investors over the years. Most residential owners in these areas stepped into Onondaga County to make investments.


If you dig deep into recent stats, you can analyze the potential of real estate investments in Syracuse and suburban areas like Liverpool, Cicero, and Baldwinsville. The easy access to parks, markets, scenic sites, and public schools makes them ideal for real estate investments.


If you are a resident of New York, you may explore these locations at least once to develop your investment plans. Relying on your real estate agent may not be your only option for seeking potential opportunities.


KH Realty Group has been committed to delivering excellent real estate management service to our clients since 1993 in the greater Liverpool, NY area. KH Realty Group follows the BHHS CNY Realty Standard Operating Procedure. Contact us today for  free consultation and see how KH Realty Group can help you.

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