Utica, NY metro area Housing Market

Cool Market

Comprehensive housing market data for the Utica, NY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$216K

16.9% YoY

Days on Market

72 days

18.0% YoY

Active Inventory

424

1.7% YoY

Homes Sold

136

6.2% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Utica, NY metro area Market Summary

The Utica, NY metro area housing market is cooling down. As of March 2026, the median home sale price is $216K, up 16.9% year-over-year. Homes are spending a median of 72 days on the market, 18.0% longer than a year ago.

There are 424 homes for sale — 1.7% more than last year. With 3.1 months of supply, this is a seller's market. 197 new listings were added during this period, up 3.7% year-over-year.

Homes are selling for 95.6% of their list price on average, suggesting room for negotiation. 24.3% of homes sell above their asking price. 25.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 3.1
Days on Market 72
Price Drops 25.7%
Sale-to-List Ratio 95.6%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 50.5%
Days on Market (National: 55) 30.9%
Inventory (National: 1,314,690) 100.0%

vs. New York Median

Median Price (New York: $599K) 63.9%
Days on Market (New York: 57) 26.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 50% below the national median, which could indicate stronger cash flow potential.

Utica, NY metro area Market Trends

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Detailed Market Metrics

Median List Price

$220K

Price per Sq Ft

$142

Sale-to-List Ratio

95.6%

Months of Supply

3.1

Sold Above List

24.3%

Price Drops

25.7%

New Listings

197

3.7% YoY

Pending Sales

209

Off Market in 2 Weeks

32.5%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.