The housing market in Utica, MS is quite vibrant. The median value of a house in the area is $97,900 which is significantly lower than the US housing median value of $338,100. However, The appreciation rate of houses in the area is much higher than nationally at 16.65%, compared to 8.27% for the US as a whole. This suggests that house prices in Utica are growing rapidly and may be an attractive investment opportunity for prospective buyers.
The median home cost in Utica is $97,900. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Utica is up 15.2%.
Average Age of Homes
- The median age of Utica real estate is 43 years old
The Rental Market in Utica
- Renters make up 22.7% of the Utica population
- 0.0% of houses and apartments in Utica, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.