Zip 48315 (Utica, MI) Housing

Housing in Utica, MI (48315) is currently valued at $378,400, which is slightly higher than the US median house value of $338,100. In the last year, house appreciation in Utica was 8.00%, compared to 8.27% nationally. This indicates that housing in Utica is keeping strong pace with national trends. The high housing median value and corresponding appreciation rate indicates a strong and stable real estate market in the region.

The median home cost in Utica (zip 48315) is $378,400. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Utica (zip 48315) is up 11.2%.

Average Age of Homes

- The median age of Utica (zip 48315) real estate is 25 years old

The Rental Market in Utica (zip 48315)

- Renters make up 13.3% of the Utica (zip 48315) population
- 0.2% of houses and apartments in Utica (zip 48315), 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, Michigan	United States
	10,858.0	139,647,020.0
	27	42
	$378,400	$338,100
	11.2%	16.6%
	45.5%	57.0%
	110.3%	101.1%
	$12.58	$10.98
	$3,920	$2,690
	86.7%	57.4%
	1.5%	11.2%
	11.8%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	3.4%	2.4%
	3.1%	2.8%
	1.3%	3.9%
	1.7%	4.5%
	3.4%	11.3%
	12.1%	13.0%
	19.1%	20.1%
	25.2%	13.6%
	16.9%	8.3%
	8.4%	9.7%
	2.1%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.1%	13.6%
	19.1%	13.6%
	39.8%	13.6%
	20.4%	13.2%
	10.4%	14.8%
	39.8%	13.6%
	1.6%	10.0%
	0.6%	4.7%
	0.3%	12.2%

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