Utica, NY

Population: 62,445
Average annual home appreciation rate: 4.73%
Total of homes for sale in this market: 310
Median home price: $82,875
Median Rent: $505 per room
Home price range: 48.12% of homes are between $47,001 – $94,000
Median sales price: $68,900
Number of homes: 247
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
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: 7.90%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Utica area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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