Utica-Rome Metro Area, NY Housing

The housing market in the Utica-Rome, NY Metro Area is steadily on the rise. The median housing value is $175,600, which is significantly lower than the US median of $338,100. However, the 1 year house appreciation for this area has been 11.68%, much higher than the national average of 8.27%. This appreciation indicates that more people are choosing to relocate to this area and invest in the local housing market. Overall, it appears that Utica-Rome's housing market is in a strong position and will continue to grow over time.

The median home cost in Utica-Rome Metro Area is $175,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Utica-Rome Metro Area is up 15.8%.

Average Age of Homes

- The median age of Utica-Rome Metro Area real estate is 62 years old

The Rental Market in Utica-Rome Metro Area

- Renters make up 27.9% of the Utica-Rome Metro Area population
- 1.7% of houses and apartments in Utica-Rome Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Utica-Rome, New York	United States
	137,332.0	139,647,020.0
	65	42
	$175,600	$338,100
	15.8%	16.6%
	54.9%	57.0%
	74.6%	101.1%
	$24.32	$10.98
	$3,215	$2,690
	58.6%	57.4%
	16.0%	11.2%
	25.4%	31.4%
Vacant Housing
	1.7%	1.9%
	0.3%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	6.5%	3.6%
	6.3%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	3.5%	2.4%
	6.0%	2.8%
	10.1%	3.9%
	12.8%	4.5%
	22.5%	11.3%
	17.2%	13.0%
	15.0%	20.1%
	5.7%	13.6%
	2.1%	8.3%
	1.7%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.0%	13.6%
	5.0%	13.6%
	7.1%	13.6%
	8.7%	13.2%
	9.6%	14.8%
	7.1%	13.6%
	14.5%	10.0%
	6.6%	4.7%
	35.3%	12.2%

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