NY · Metro #169

Utica - NY housing market

The Utica metro has a typical home value of $230,265, up 8.1% from a year ago. Homes are moving fast at 15 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$230,265
+8.1% vs. year ago
Median sale price
$219,141
+4.8% YoY
Median list price
$239,933
Sale-to-list ratio
96.6%
Selling below ask
Days on market
15d
Listings w/ price cut
19.7%
New listings / mo
244
+11.9% YoY
Homes for sale
632
+23.7% YoY
Typical rent
$1,404/mo
+7.4% YoY
Context

How to read this data

The typical home value ($230,265) 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 8.1% over the past year. In Utica - NY, that means a home worth $213,011 last year is now worth roughly $230,265.

The median sale price , what homes actually close for , is $219,141. Homes are selling at 96.6% of list price, meaning buyers have room to negotiate.

Homes listed in Utica - NY sit on the market for roughly 15 days before going pending. Shorter = seller's market; longer = buyer's market.

About 19.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 244 new listings hit the market each month in Utica - NY. There are currently 632 homes for sale, up 23.7% from a year ago.

The typical monthly rent in Utica - NY is $1,404, up 7.4% 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$727,625 +4.1% 23.0d
Buffalo - NY$288,316 +4.8% 9.0d
Rochester - NY$285,034 +4.7% 8.0d
Albany - NY$370,533 +5.5% 7.0d
Syracuse - NY$264,903 +6.6% 6.0d
Binghamton - NY$198,435 +5.6% 11.0d
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