Real Estate Market Update for Utica, NY
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 50% from one year earlier, and down 29% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 100-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 34%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 120-thousand dollars. The number of units sold decreased 67% year-over-year, and decreased 68% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Utica, NY

Area Information for Utica, NY
  • Population: 61,376
  • Median Age: 36.3 yr
  • Median Commute Time: 17 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 3,662/sq mi
  • Population Change Since 2000: 1.06%
  • Closest Airport: Syracuse Hancock International
  • Closest College: Utica College
  • Closest Jr. College: Mohawk Valley Community College
  • Median Household Income: $32,748
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $98,487
  • Closest Major Sports Team: Syracuse Chiefs (aaa)
  • Change Avg. Household Income Since 2000: 31.19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Utica, NY
Median Age: 36.3 Married: 28% Number of Households: 24,492 Households with Children: 6,700
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Utica, NY

      School Name Distance Type Grades School Rating Parent Rating
      Mohawk Valley Youthbuild 0.8 mi Public UNGRADE-UNGRADE 0 0
      Roscoe Conkling Elementary School 1.1 mi Public PRESCHOOL-6 1 0
      John F Kennedy Middle School 1.2 mi Public 7-8 1 0
      Thomas Jefferson Elementary School 1.3 mi Public K-6 2 0
      Albany Elementary School 1.4 mi Public K-6 2 0
      Thomas R Proctor High School 1.5 mi Public 9-12 2 3
      Martin Luther King Jr Elementary School 1.6 mi Public K-6 1 0
      General Herkimer Elementary School 1.7 mi Public K-6 2 0
      Christopher Columbus Elementary School 1.8 mi Public K-6 2 0
      Utica Academy Of Science Charter School 1.8 mi Public 6-8 3 0
      Tradewinds Education Center 1.8 mi Private UNGRADE-UNGRADE 0 0
      Deerfield Elementary School 1.9 mi Public K-5 3 0
      Kernan Elementary School 2.0 mi Public K-6 0 0
      Watson Williams Elementary School 2.1 mi Public K-6 0 0
      Senator James H Donovan Middle School 2.5 mi Public 7-8 1 0
      Christian Heritage School 2.8 mi Private K-12 0 0
      John F Hughes Elementary School 3.0 mi Public K-6 1 0
      Tilton School 3.2 mi Private K-12 0 0
      Notre Dame Elementary School 3.3 mi Catholic PRESCHOOL-6 0 0
      Notre Dame Junior Senior High School 3.7 mi Catholic 7-12 0 0
      Hugh R Jones Elementary School 3.8 mi Public K-6 2 0
      Upstate Cerebral Palsy Inc 3.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Utica, NY
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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