Utica housing market
Typical home value
$231K
▲ 5.8% 1 yr
Typical rent
$1,424/mo
▲ 4.2% 1 yr
12-month forecast
+3.6%
#78 of 546 metros
Gross rent yield
7.4%
#83 of 546 · U.S. 6.3%
Days to pending
42 days
▲ +9 days 1 yr
Listings with a price cut
26%
▲ +2.8 pts 1 yr
Key takeaways
- 1The typical home is worth $231,322, up 5.8% in a year and up 40% over five years.
- 2Zillow forecasts home values rising 3.6% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,424/mo (+4.2% YoY), a 7.4% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,271/mo in principal and interest, $153 less than renting.
- 5Homes go under contract in 42 days (+9 days vs last year); 26% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 51/100, #122 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Utica compares
| Measure | Utica | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +5.8% | +1.2% | #41 |
| Home value, 5-yr change | +39.7% | +19.7% | |
| 12-month forecast | +3.6% | +1.1% | #78 |
| Rent, 1-yr change | +4.2% | +2.7% | #179 |
| Gross rent yield | 7.4% | 6.3% | #83 |
| Price-to-rent ratio | 13.5 | 15.8 | |
| Mortgage P&I on typical home | $1,271 | $2,012 | |
| Income needed to buy | $64,179 | $100,902 | |
| Days to pending | 42 | 56 |
Cities in the Utica metro
1 cities with home value and rent data.
| Utica | $210K | ▲ 5.9% | $1,392 | ▲ 4.5% | 7.9% |
Run the numbers
Rental property calculator
Cash flow on a typical Utica rental ($231K, $1,424/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Utica home.
Rent vs buy
Is it cheaper to rent or buy in Utica?
Renting out a property in New York? See deposit limits, late fee rules and notice periods.
Other New York metros
New York, NY
$731K home$3,546 rent5.8% yield
▲ 4.9% 1 yr
Buffalo, NY
$287K home$1,451 rent6.1% yield
▲ 3.6% 1 yr
Rochester, NY
$281K home$1,532 rent6.5% yield
▲ 4.9% 1 yr
Albany, NY
$373K home$1,693 rent5.4% yield
▲ 5.0% 1 yr
Syracuse, NY
$269K home$1,627 rent7.3% yield
▲ 6.6% 1 yr
Binghamton, NY
$203K home$1,610 rent9.5% yield
▲ 6.9% 1 yr
Kingston, NY
$452K home$2,015 rent5.4% yield
▲ 3.6% 1 yr
Jamestown, NY
$181K home$1,078 rent7.2% yield
▲ 4.8% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.