Real Estate Investing in Central Square, New York

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 9,079 • Oswego County

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Should you buy in Central Square, NY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Central Square, NY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

7.0% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $268,764
Avg Monthly Rent $1,215
ZIP Codes 1

Investing in Central Square Real Estate

Central Square, NY covers 1 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

decisively Central Square's aggregate rating of ★★★☆☆ reflects underwhelming investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rents in Central Square at $1,215/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

A an established population with $N/AK household income profile is what makes Central Square a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Syracuse, NY

Central Square is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$268,764
Avg Monthly Rent
$1,215
1% Rule
✗ Below
Landlord Friendly (NY)

📉 Market Crash Risk Index

Based on Syracuse, NY metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
29%
Days Pending
0/2
23 days

View all metro crash risk rankings →

⚖️ Balanced Market — Syracuse, NY metro
23
Days to pending
7.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Central Square, NY

Screen every ZIP in Central Square

Filter Central Square’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Central Square, NY

What are home prices like in Central Square, NY?

In Central Square, NY the median home value sits at $269K. Against the broader NY market, that reads as reasonable for most investors.

Is NY a landlord-friendly state?

NY ranks as a tenant-protective state for landlord-tenant law. Central Square generally follows the statewide framework, so landlords face reasonable operating rules.

What investment strategy works best in Central Square, NY?

Investors usually favor careful cash-flow rentals with hands-on management in Central Square, NY. With home values at $269K and rents near $1,215/mo, other strategies can work but produce predictable rather than outsized returns.

Is Central Square, NY a good market for FHA house hackers?

House hacking in Central Square, NY is a challenging. With home values around $269K and rents at $1,215/mo, owner-occupants can offset a meaningful share of PITI.

What is the average monthly rent in Central Square, NY?

Investors in Central Square, NY typically see rents near $1,215/mo per month against $269K home values - a solid setup for rental cash flow.

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