Is Utica, PA 16362 a buyer’s or seller’s market?
Utica is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Utica housing market right now
In the three months ending August 31, 2026, 100% of homes in Utica, PA 16362 sold above their list price, the typical home went under contract in 41 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (26 days then) and the median sale price fell 77% to $158,931. Overall, Utica is more competitive than a year ago, so tougher for buyers.
Within Venango County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Kennerdell 16374 (0% sold over asking) or Emlenton 16373 (0% sold over asking).
Run the numbers for 16362
Nearby markets
Cooperstown 16317Seller’s market $138 /sq ftCranberry 16319 — /sq ftEmlenton 16373Buyer’s market $56 /sq ftFranklin 16323Seller’s market $62 /sq ft Browse all markets →Towns like Utica nearby
Find towns like Utica in other states →Where Utica is
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Questions about Utica real estate
Is Utica a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Utica, PA 16362 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Utica?
The typical home went under contract in 41 days in the latest three months.
Do homes in Utica sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 102.6% of the list price.
What are property taxes in Utica?
About 1.27% of a home’s value a year in Venango County, or roughly $5,080 on a $400,000 home.
What is the median home price in Utica?
The median sale price was $158,931 in the three months ending August 31, 2026, about $159 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology