The housing market in Utica, OH is seeing spectacular growth over the past year. The median value of houses in Utica has increased by 14.03%, much higher than the 8.27% rate seen in the national average. This puts the current median value of houses in Utica at $166,900, which is well below the national median value of $338,100. This makes it an attractive area for potential homebuyers who are looking for reasonably priced real estate options. With continued appreciation and a lower cost of living compared to other cities in Ohio, Utica is an ideal location for those looking to buy a property on a budget.
The median home cost in Utica is $166,900. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Utica is up 19.8%.
Average Age of Homes
- The median age of Utica real estate is 60 years old
The Rental Market in Utica
- Renters make up 32.4% 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.