Home Values

Utica Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Utica is $70, which is lower than the Utica Metro average of $84. The median price of homes currently listed in Utica is $90,000 while the median price of homes that sold is $74,824. The median rent price in Utica is $650.

Foreclosures will be a factor impacting home values in the next several years. In Utica 0.7 homes are foreclosed (per 10,000). This is greater than the Utica Metro value of 0.2 and also lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Utica is 7.3%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Utica homeowners underwater on their mortgage is 15.3%, which is higher than Utica Metro at 13.9%.

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Relative ZHVI
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Utica Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $90,000 Median listing price
  • No recent data Median sale price
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Utica Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 15.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,600
New York Metro $378,200
Washington Metro $358,000
Name Median ZHVI
Miami-Fort Lauderdale Metro $203,800
Philadelphia Metro $199,100
Chicago Metro $185,800
Name Median ZHVI
Atlanta Metro $150,700
Houston Metro $150,000
Dallas-Fort Worth Metro $147,000

Listings & Sales

Data through Aug 31, 2014
  • $70 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 42.2% Listings with price cut
22.2%
Sold below listing
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Utica Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,107 Utica
    $1,150 Utica Metro
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $650 Rent list price
  • No data Rent list price / sq ft
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