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 December 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

$269,500

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,500(+9.6%)

Key Takeaway

Homes in Utica have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Utica was $269,500 in December 2024, up 9.6% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $138.9K-
N/A
2 $180.5K$153.9K
-14.7%
3 $250K$255K
+2.0%
4 $265K$349.9K
+32.1%
5+ $445K$440K
-1.1%

Summary: Utica housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Cities

Utica
+9.6%
Washington Township
-7.0%

Housing Supply in Utica, OH

How many homes are available in Utica, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1715-11.8%

Summary: The Utica real estate market had 15 homes for sale in December 2024, a 11.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 88
0.0%
4 22
0.0%
5+ 43
-25.0%

Summary: The Utica housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Utica in December 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% 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

Dec 2023Dec 2024CHANGE
17 Days48 Days+174.3%

Summary: Homes in Utica had an average of 48 days on market in Dec 2024, up by 174.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Utica has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Utica; 25% of homes were sold within 30 days, 75% 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 16 Days Ago

Newest Listings in Utica, OH

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