The housing market in Utica, MO is an attractive one for potential buyers. The median value of homes in Utica is $94,000, which is significantly lower than the national median value of $338,100. In addition to the low cost of buying a home in Utica, the appreciation rate is strong, with a 1 year house appreciation rate of 13.45% compared to 8.27% nationally. This makes investing in real estate in Utica an attractive option for those looking to purchase or invest in a home.
The median home cost in Utica is $94,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Utica is up 17.1%.
Average Age of Homes
- The median age of Utica real estate is 43 years old
The Rental Market in Utica
- Renters make up 16.1% 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.