The story of this market
The typical home in Utica-Rome, New York sells for about $221,433, or $125 per square foot.
Prices are up +6% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,500 a month.
Monthly price momentum
Home values since 2015
+5.5%
NY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Utica-Rome, New York
The Utica housing market is currently balanced, characterized by steady price appreciation and high affordability relative to the New York state average. While inventory remains tight, the market is supported by consistent demand from first-time buyers and a stable local economy. Future growth is tied to ongoing downtown revitalization efforts and the city's role as a regional healthcare and education hub.
No ARED county foreclosure postings attributed to Utica-Rome yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Median prices moved up 6.0% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 25.5% — a mixed stability profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A large municipal park featuring the Utica Zoo and extensive green space, serving as a primary recreational anchor for the city.
A historic performing arts venue that hosts concerts and theater productions, contributing to the city's cultural vitality.
Utica is well-suited for first-time homebuyers and families seeking affordability compared to the broader New York state market. It also attracts investors looking for stable rental yields and individuals who value proximity to regional outdoor recreation and a lower cost of living.
The Utica City School District serves the area, with school quality varying across individual campuses. The district is actively working on academic improvement initiatives to better align student outcomes with state standards.
Utica is served by major highway corridors including I-90, facilitating regional connectivity. Public transit is provided by local bus services, though the city remains largely car-dependent for daily commuting.
Utica offers a variety of recreational amenities, including the expansive Roscoe Conkling Park and the Utica Zoo, which serve as major community hubs. The city also features a network of trails and proximity to the Adirondack foothills, providing residents with significant outdoor access.
The rental market in Utica is characterized by steady demand, particularly for multi-family units, with rent prices showing consistent year-over-year growth. Vacancy rates remain relatively low, supported by a mix of long-term residents and a transient population associated with local institutions.
The economy is driven by healthcare, education, and manufacturing, with major employers including Mohawk Valley Health System and local educational institutions. The city is seeing a focus on downtown revitalization to attract new businesses.
Utica's economy is anchored by healthcare, education, and government sectors, with ongoing efforts to revitalize the downtown core. Infrastructure investments and small-scale commercial developments are contributing to a steady, if modest, economic momentum.
Current planning efforts are centered on the Downtown Revitalization Initiative, which aims to improve walkability and commercial density. Several smaller residential infill projects are also in the approval pipeline.
Parcels in Utica are subject to city, county, and school district taxes, with no major MUD or PID structures typical of other regions. Special districts for water and sewer services are managed by municipal authorities.
Utica experiences crime rates that are generally higher than the national average, with property crime being the most prevalent concern. Local law enforcement efforts are focused on community policing to address these trends, which remain a point of discussion in regional safety comparisons.
The city faces standard regional risks including winter weather impacts and occasional localized flooding near water bodies. Property insurance markets remain stable, though premiums reflect the necessity of coverage for heavy snowfall and related structural risks.
Property insurance in Utica is generally available, with premiums influenced by the region's susceptibility to heavy winter weather and aging housing stock. Market health is considered stable.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New York) — Income-Based Assessment for Affordable Rental Housing: The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs. State (New York) — Real Property Tax Assessment: Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and US Census Bureau QuickFacts.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.