Utica, MI Home Values & Market Trends

Real estate market trends reflect that there have been 59 transactions over the past year in Utica. The median value for residential home transactions that occurred over the previous year is $249,850.33. The number of current listings in Utica is 1, and the percentage of properties for sale in the city is 1.00%. Utica, MI currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Utica, MI Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
48315

$ 399,700

$ 188/sqft

48317

$ 223,250

$ 159/sqft

48316

$ 306,109

$ 179/sqft

Housing Market Summary for Utica, MI

Mar 2023February 2024Change
Median Listing Price$279.9K$253.7K-9.39%
Median Sold Price$247.3K$253.7K2.57%
Homes For Sale4525.00%
Homes Sold6738-43.28%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Utica, MI

Utica home values range from $22,746 to $9,694,736. The median estimated value of a home in Utica is $249,850.33. The median list price of a home is 425,000, and the total count of properties in the city is 1,355.

Foreclosure
There are 3 zips within Utica, MI; within these zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Utica, MI with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Utica, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Utica, MI; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Utica, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Utica, MI. There are 3 zips within Utica, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Utica, MI. Auction homes and other auction properties account for 0% of all properties in Utica, MI. There are 3 zips within Utica, MI; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in Utica, MI with 48315 containing 34 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Utica, MI; homes for sale in those zips, have a range of median values from $1,450,000 in 48315 to the lowest value of $93,463 in 48317.
    Sold Homes
    The median value for recently sold homes ranges from $5,376,755 in 48315 to the lowest price of $73,710 in 48315. There are 3 zips within Utica, MI. 48315 has 282 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.44% of properties in Utica, MI.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Utica, MI
      $
      $

      Guide for Utica, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Market Reports
      Newark Real Estate Market Report, March 2024
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Recently Listed Homes Utica, MI

      No data to show