Utica, KY—42376
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Utica, KY
As of Oct '25, the median home price in Utica, KY is $241,000, with a year-over-year change of 5.3%. This indicates that home prices in Utica, KY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $241,000 | 5.3% |
| Single Family | $242,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $156,000 | 4.0% |
3 Bed | $255,000 | 4.1% |
4 Bed | $362,000 | 5.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Utica, KY
As of July '25, Rentcast reports the average rent in Utica, KY is $1,800, with a year-over-year rent change of -15.1%. Per bedroom, the median rent as of July '25 in Utica, KY is 3-bedrooms: $1,800. The most common rental property sizes in Utica, KY are 2-bedroom and 3-bedroom, accounting for 50.4% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Utica, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Utica, KY is 37. This is a increase of 5.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | 17.0% |
Listing Count | 20 | -23.0% |
| Listings as % of Homes | 1.1% | -23.0% |
Days on Market | 37 | 5.0% |
Demographics — Utica, KY
As of the latest ACS Survey released in 2023, Utica, KY has a population of 6,800, which has increased by 13.4% over the past 5 years. Utica, KY is a popular place for families, as children make up 26.6% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,800 | 13.4% |
% Under 18 | 26.6% | -3.6% |
% Seniors | 17.1% | 40.2% |
% WFH | 6.3% | 110.0% |
% w/ College Degree | 20.1% | 3.6% |
As of the latest ACS Survey released in 2023, Utica, KY is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Utica, KY is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.0% of the population in Utica, KY, and this percentage has increased by 150.0% 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 | 94.7% | -0.6% |
% Black | 0.8% | 14.3% |
% Hispanic | 2.4% | 41.2% |
% Asian | 0.3% | ∞% |
% Foreign Born | 1.0% | 150.0% |
Mortgage and Risk — Utica, KY
According to HUD data as of 2023, there were 156 mortgage originations in Utica, KY, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Utica, KY. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 156 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Utica, KY
Utica, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | -$360 | $1,800 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Utica, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $241,000 |
| Median Household Income | $78,400 |