Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$231,322+5.8% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$50,146About 0.7× the local median income ($70,641): affordable for a typical household
Days on market62 daysAbout the same pace as a year ago
Next 12 months+3.6%Zillow expects prices to rise slightly
The typical home in Utica-Rome, NY is worth $231,322, up 5.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $193,105, so the area is 19.8% overvalued. It is a balanced market, leaning toward sellers: homes take about 62 days to sell, listings are up 23% from a year ago, 14% of listings have had a price cut. Zillow expects prices to rise about 3.6% over the next year. A household needs about $50,146 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,641. Typical rent is $1,424 a month, or $1,942 for a house. In the latest IRS figures, 760 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$231,322
Change in 1 year
+5.8%
Overvalued %
+19.8%
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Fair home value
$193,105
Change in 5 years
+39.7%
Zillow forecast, next 12 months
+3.6%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$1,254
Income needed to afford it
$50,146
Property tax rate
2.05%
Rent and investing
Typical rent
$1,424
Typical rent for houses
$1,942
Price-to-rent ratio
13.5×
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HUD Fair Market Rent, 2 bedrooms
$1,210
Gross rental yield
7.39%
Cap rate (estimate)
4.80%
Market activity
Listings vs a year ago
+22.8%
Days on market
62
Listings with a price cut
14.5%
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Homes for sale
787
Pending sales per 100 listings
88
Asking price per sq ft
$159
People and jobs
Median household income
$70,641
Population change (1 year)
−0.4%
Unemployment rate
4.6%
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Population
285,611
Income adjusted for cost of living
$76,204
Net moves in (IRS)
−760
Cost of living (US = 100)
92.7
Schools, risk and environment
School rating (1 to 10)
4.6
FEMA hazard risk score (0 to 100)
80.8
Unhealthy air days a year
0
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Flood risk score
88.5
Wildfire risk score
35.8
Walkability (1 to 20)
8.4
Road, rail and air noise
53 dB
Questions people ask
Is Utica-Rome, NY overvalued?
Home prices in Utica-Rome, NY are well above what local incomes have historically supported: fair value is about $193,105, so the area is 19.8% overvalued.
Is Utica-Rome, NY a buyer's or seller's market?
Utica-Rome, NY is a balanced market, leaning toward sellers: homes take about 62 days to sell, listings are up 23% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Utica-Rome, NY?
Home values in Utica-Rome, NY are up 5.8% over the last year. Zillow's forecast for the next 12 months is +3.6%.
How much do you need to earn to buy a home in Utica-Rome, NY?
A household needs about $50,146 a year to afford the typical home in Utica-Rome, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,641.