Is Utica, MI 48315 a buyer’s or seller’s market?
Utica is a seller’s market. With about 2.8 months of supply and 34% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 72% of U.S. ZIP codes, and #227 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Utica housing market right now
In the three months ending August 31, 2026, 34% of homes in Utica, MI 48315 sold above their list price, the typical home went under contract in 22 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 118 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold more slowly (19 days then) and the median sale price fell 2% to $509,779. Overall, Utica is less competitive than a year ago, which gives buyers more room.
Within Macomb County, homes here sell more slowly than in 66% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Utica ranks #227 of 510 MI ZIP codes with enough sales (score 69 out of 100).
Nearby, buyers who want less competition could look at New Haven 48050 (0% sold over asking) or Romeo 48065 (17% sold over asking), while Sterling Heights 48314 (49% sold over asking) and Sterling Heights 48313 (47% sold over asking) are even more competitive.
Run the numbers for 48315
Nearby markets
Armada 48005Seller’s market $181 /sq ftCenter Line 48015Seller’s market $142 /sq ftClinton Township 48035Seller’s market $160 /sq ftClinton Township 48036Seller’s market $137 /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 seller’s market: there were 2.8 months of supply in Utica, MI 48315 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 22 days in the latest three months.
Do homes in Utica sell over asking?
34% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Utica?
About 1.40% of a home’s value a year in Macomb County, or roughly $5,600 on a $400,000 home.
What is the median home price in Utica?
The median sale price was $509,779 in the three months ending August 31, 2026, about $187 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