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Recently Sold Price History in Utica
Utica, New York, is a city that offers a diverse range of real estate options at varying price points. The sold prices of properties in Utica have shown a steady increase over the past few years, making it an attractive market for both buyers and sellers. The average sold price for a single-family home in Utica is around $120,000, with prices ranging from as low as $50,000 for smaller properties to over $300,000 for larger, more luxurious homes. Condominiums and townhouses in Utica have an average sold price of approximately $90,000, providing an affordable option for those looking for a low-maintenance lifestyle.
Utica’s real estate market also offers opportunities for investment properties, with multi-family homes being a popular choice among investors. The average sold price for a multi-family property in Utica is around $150,000, with prices varying depending on the number of units and the location of the property. The rental market in Utica is strong, making it a favorable environment for investors seeking rental income. Overall, the sold prices in Utica, New York, reflect the city’s growing real estate market and its potential for both homeowners and investors.
About Utica, New York
Utica is a vibrant city located in the heart of upstate New York. With a population of approximately 60,000 residents, it is the tenth-largest city in the state. Utica is situated in Oneida County and serves as its county seat. The city is nestled in the Mohawk Valley, surrounded by picturesque hills and the beautiful Adirondack Mountains.
Utica has a rich history that dates back to the 18th century when it was settled by European immigrants. It played a significant role in the development of the Erie Canal, which brought economic prosperity to the region. Today, Utica is known for its diverse community, with a mix of cultures and ethnicities contributing to its vibrant atmosphere.
One of the city’s notable features is its thriving arts and culture scene. Utica is home to several museums, including the Munson-Williams-Proctor Arts Institute, which houses an impressive collection of American and European art. The Stanley Theatre, a historic venue, hosts a variety of performances, from Broadway shows to concerts by renowned artists.
Utica’s location makes it an ideal destination for outdoor enthusiasts. The nearby Adirondack Mountains offer opportunities for hiking, skiing, and other recreational activities. The city is also conveniently located near the Finger Lakes region, known for its picturesque vineyards and wineries.
In addition to its natural beauty and cultural attractions, Utica is a hub for education and healthcare. The city is home to several colleges and universities, including Utica College and Mohawk Valley Community College. It also boasts excellent healthcare facilities, such as the St. Elizabeth Medical Center.
Utica average home prices
The average home price in Utica, New York has been steadily increasing over the past few years. According to recent data, the average price of a house in Utica is around $130,000. This figure takes into account a range of properties, from smaller starter homes to larger, more luxurious houses. It is important to note that this average home price can vary depending on factors such as location, size, and condition of the property.
In addition to the average home price, another important statistic to consider is the average days on market. This refers to the number of days it takes for a property to sell after being listed on the market. In Utica, the average days on market for houses is currently around 60 days. This indicates a relatively healthy real estate market, where properties are selling within a reasonable timeframe. However, it is worth noting that this number can fluctuate depending on various factors, such as the time of year and overall market conditions.
