NY · Metro #169

Utica - NY housing market

The Utica metro has a typical home value of $223,525, up 7.9% from a year ago. Homes sell in 26 days on average - a balanced market. Data from Zillow Research, updated monthly.

Typical home value
$223,525
+7.9% vs. year ago
Median sale price
$212,640
+1.7% YoY
Median list price
$234,533
Sale-to-list ratio
96.2%
Selling below ask
Days on market
26d
Listings w/ price cut
16.0%
New listings / mo
176
+20.5% YoY
Homes for sale
554
+25.3% YoY
Typical rent
$1,375/mo
+6.3% YoY
Context

How to read this data

The typical home value ($223,525) is the Zillow Home Value Index for the Utica - NY metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 7.9% over the past year. In Utica - NY, that means a home worth $207,159 last year is now worth roughly $223,525.

The median sale price , what homes actually close for , is $212,640. Homes are selling at 96.2% of list price, meaning buyers have room to negotiate.

Homes listed in Utica - NY sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.

About 16.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 176 new listings hit the market each month in Utica - NY. There are currently 554 homes for sale, up 25.3% from a year ago.

The typical monthly rent in Utica - NY is $1,375, up 6.3% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in NY

MetroHome value1-yr changeDays on market
New York - NY$718,397 +4.1% 26.0d
Buffalo - NY$282,896 +4.6% 11.0d
Rochester - NY$278,388 +4.3% 8.0d
Albany - NY$364,241 +5.1% 8.0d
Syracuse - NY$258,827 +6.3% 7.0d
Binghamton - NY$193,399 +5.3% 15.0d
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