Zip 48317 (Utica, MI) Housing

Housing in 48317 Utica, MI has a median value of $253,800 which is significantly lower than the US median house value of $338,100. Despite this difference, the houses here have still appreciated by 8.00% over the last year which is only 0.27% less than the US appreciation rate of 8.27%. This shows that there is still a healthy market for housing in this area and suggests potential for further investment in the future.

The median home cost in Utica (zip 48317) is $253,800. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Utica (zip 48317) is up 11.2%.

Average Age of Homes

- The median age of Utica (zip 48317) real estate is 41 years old

The Rental Market in Utica (zip 48317)

- Renters make up 38.4% of the Utica (zip 48317) population
- 1.0% of houses and apartments in Utica (zip 48317), 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
	12,780.0	139,647,020.0
	44	42
	$253,800	$338,100
	11.2%	16.6%
	45.5%	57.0%
	110.3%	101.1%
	$12.61	$10.98
	$2,590	$2,690
	55.7%	57.4%
	4.1%	11.2%
	40.2%	31.4%
Vacant Housing
	1.0%	1.9%
	0.4%	0.4%
	0.8%	0.7%
	0.1%	0.4%
	0.0%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	2.6%	2.4%
	1.8%	2.8%
	1.5%	3.9%
	0.5%	4.5%
	13.2%	11.3%
	24.9%	13.0%
	32.3%	20.1%
	14.3%	13.6%
	3.6%	8.3%
	2.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	12.4%	13.6%
	16.1%	13.2%
	20.6%	14.8%
	12.4%	13.6%
	16.3%	10.0%
	3.5%	4.7%
	2.5%	12.2%

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