Is Utica, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Utica has remained a Seller's Market.
Housing Prices in Utica, OH
How much do homes in Utica, OH cost?
Median Sold Price
$238,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Utica was $238,000 in March 2024, up 37.6% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $97.9K | -45.6% |
2 Bedrooms | $110.7K | $160K | +44.5% |
3 Bedrooms | $180K | $210K | +16.7% |
4 Bedrooms | $169K | $296.5K | +75.4% |
5+ Bedrooms | $410K | $372.5K | -9.1% |
Summary: Utica housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.6%, 2 bedroom homes increased by 44.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 75.4%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Cities
Utica | $172.9K | $238K | +37.6% |
Washington Township | $169K | $190K | +12.4% |
Housing Supply in Utica, OH
How many homes are available in Utica, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Summary: The Utica real estate market had 24 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Utica housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Utica in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
8 Days | 47 Days | +434.9% |
Summary: Homes in Utica had an average of 47 days on market in Mar 2024, up by 434.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Utica; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.