Utica, NY—13502
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Utica, NY
Home Price Trends — Utica, NY
As of Oct '25, the median home price in Utica, NY is $200,000, with a year-over-year change of 8.1%. This indicates that home prices in Utica, NY are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $200,000 | 8.1% |
| Single Family | $200,000 | 8.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | 8.3% |
3 Bed | $203,000 | 8.6% |
4 Bed | $214,000 | 8.6% |
| 5 Bed | $209,000 | 7.2% |
% of Housing Stock
Rental Trends — Utica, NY
As of July '25, Rentcast reports the average rent in Utica, NY is $1,530, with a year-over-year rent change of 7.7%. Per bedroom, the median rent as of July '25 in Utica, NY is 1-bedrooms: $1,340, 2-bedrooms: $1,630, 3-bedrooms: $1,550, 4-bedrooms: $2,050. The most common rental property sizes in Utica, NY are 2-bedroom and 3-bedroom, accounting for 35.4% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,340 |
| 2 Bed Rent | $1,160 | $1,630 |
| 3 Bed Rent | $1,400 | $1,550 |
| 4 Bed Rent | $1,900 | $2,050 |
% of Rental Stock
Property Listings — Utica, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Utica, NY is 67. This is a increase of 63.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | -6.0% |
Listing Count | 133 | 58.0% |
| Listings as % of Homes | 0.5% | 58.0% |
Days on Market | 67 | 63.0% |
Demographics — Utica, NY
As of the latest ACS Survey released in 2023, Utica, NY has a population of 33,200, which has increased by 2.1% over the past 5 years. Utica, NY is a moderately popular place for families, as children make up 21.6% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,200 | 2.1% |
% Under 18 | 21.6% | -0.9% |
% Seniors | 15.9% | -1.9% |
% WFH | 7.7% | 156.7% |
% w/ College Degree | 25.0% | 14.2% |
As of the latest ACS Survey released in 2023, Utica, NY is a predominantly white area, with 70.5% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Utica, NY is hispanic, making up 11.2% of the population. Foreign-born residents account for 12.1% of the population in Utica, NY, and this percentage has increased by 31.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.5% | -3.6% |
% Black | 9.9% | -24.4% |
% Hispanic | 11.2% | 28.7% |
% Asian | 5.0% | 108.3% |
% Foreign Born | 12.1% | 31.5% |
Mortgage and Risk — Utica, NY
According to HUD data as of 2023, there were 423 mortgage originations in Utica, NY, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Utica, NY. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 423 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Utica, NY
As of 2024, the percent of homes in Utica, NY under the Section 8 program is 18.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Utica, NY, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,336 |
Total Units Section 8 | 1,015 |
% Rentals under Section 8 | 18.8% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$470 | $1,450 | $980 |
| 2 Bedroom | $60 | $1,160 | $1,220 |
| 3 Bedroom | $70 | $1,400 | $1,470 |
| 4 Bedroom | -$160 | $1,900 | $1,740 |
Affordability — Utica, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $200,000 |
| Median Household Income | $59,500 |