Zip 55979 (Utica, MN) Housing

The housing market in 55979 Utica, MN is slightly below the US House Median Value of $338,100, with the median value in Utica being $336,500. Although prices are lower than the national average, it is still a strong and healthy housing market. Over the past year, house appreciation in 55979 Utica was 6.78%, significantly lower than the 8.27% appreciation rate seen nationwide. Despite this difference, property values have increased over the past year and continue to be an attractive investment option for potential home buyers.

The median home cost in Utica (zip 55979) is $336,500. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Utica (zip 55979) is up 11.4%.

Average Age of Homes

- The median age of Utica (zip 55979) real estate is 45 years old

The Rental Market in Utica (zip 55979)

- Renters make up 14.1% of the Utica (zip 55979) population
- 1.3% of houses and apartments in Utica (zip 55979), 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, Minnesota	United States
	389.0	139,647,020.0
	48	42
	$336,500	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$10.05	$10.98
	$1,596	$2,690
	73.8%	57.4%
	5.4%	11.2%
	20.8%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	2.1%	0.4%
	0.8%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	11.5%	2.6%
	0.7%	2.4%
	4.5%	2.8%
	1.7%	3.9%
	2.8%	4.5%
	11.2%	11.3%
	15.0%	13.0%
	24.4%	20.1%
	12.9%	13.6%
	5.9%	8.3%
	2.4%	9.7%
	2.8%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	3.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	24.9%	13.6%
	24.9%	13.6%
	6.4%	13.6%
	2.1%	13.2%
	15.4%	14.8%
	6.4%	13.6%
	2.1%	10.0%
	2.8%	4.7%
	37.3%	12.2%

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