Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
Only on the right house. Neither side has the upper hand in Utica right now.
Neither side has the upper hand in Utica. Buyers and sellers are evenly matched. The market will not hand you a discount. You have to find it in one specific listing.
For every 100 homes for sale, 118 are already under contract. Buyers outnumber sellers here. Expect company when you bid. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing, not from the whole market.
A typical Utica home takes 57 days to find a buyer. Half of them take even longer. That is 5% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago. There are 103 homes for sale in Utica. That is 2.9 times the tightest month on record, but below the peak of 168. Supply is steady against last year.
Asking prices are at their highest point on record. You are buying at the top. Underwrite it that way. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house. Utica prices have risen in 85 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
In Utica, 45 out of every 100 households rent. That is nearly half. That share has held steady for five years. Utica added about 1,100 renter households in five years. Renter households average 2.2 people. Two and three bedrooms fit the typical renter.
Households grew 11% in five years. The housing stock grew 1%. Demand is outrunning supply. 9.2% of homes sit empty. That is normal for a healthy market.
The median Utica household earns $55,083 a year. Incomes here have grown 5.8% a year since 2019. Incomes and home prices are rising in step. A typical home costs 4.3 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. A tenant on the median income can pay about $1,377 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast.
That is the market, not your address. Run an address through the app to see its rent estimate and cash flow.
Only on the right house. Neither side has the upper hand in Utica right now. 118 out of every 100 homes for sale have a buyer, 16% of sellers have cut their price, and a typical home takes 57 days to sell.
Asking prices are at their highest point on record. You are buying at the top. Underwrite it that way. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house.
Assume +6.2% a year. Utica grew 8.5% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Utica grows about 6.2% a year. That is the number to type in. Prices rose 5.0% over the last year. That is a timing signal, not a trend.
A typical Utica home takes 57 days to find a buyer. Half of them take even longer. That is 5% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago.
In Utica, 45 out of every 100 households rent. That is nearly half. That share has held steady for five years. 9.2% of homes sit empty. That is normal for a healthy market.
A tenant on the median income can pay about $1,377 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast. The median Utica household earns $55,083 a year.
Utica has five ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.
.png)
