Utica, NY

Population: 62,445
Average annual home appreciation rate: 1.72%
Total of homes for sale in this market:
Median home price: $83,366
Median Rent: $507 per room
Home price range: 48.12% of homes are between $47,001 – $94,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 41.07% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 13.41%
Number of renters: 51.90%
Number of owner occupied: 48.11%
Number people living below poverty level: 30.13%
Unemployment rate: 7.50%
Is this area perfect for real estate deals going on right now? With the incredible home prices, the high rental rates and a positive appreciation rate on the rise, this could be the recipe for success for the savvy investor.

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