Is Utica, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Utica is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Utica has remained a Seller's Market.

Key Takeaway

Utica is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Utica, OH

How much do homes in Utica, OH cost?

Median Sold Price

$225,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$27,000(-10.7%)

Key Takeaway

Homes in Utica have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in Utica was $225,000 in November 2024, down 10.7% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $180K$97.9K
-45.6%
2 $167.9K$153.9K
-8.3%
3 $254K$212K
-16.5%
4 $253.5K$381.9K
+50.7%
5+ $445K$440K
-1.1%

Summary: Utica housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.6%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 50.7%, and 5+ bedroom homes decreased by 1.1%.

Housing Supply in Utica, OH

How many homes are available in Utica, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Utica real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Utica housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Utica, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Utica in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Utica, OH

How long does it take to sell a home in Utica, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days26 Days+112.2%

Summary: Homes in Utica had an average of 26 days on market in Nov 2024, up by 112.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Utica are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Utica; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Utica, OH

Nearby Markets to Utica, OH