Is Utica, MI 48317 a buyer’s or seller’s market?
Utica is a seller’s market. With about 1.9 months of supply and 35% 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 80% of U.S. ZIP codes, and #149 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, 35% of homes in Utica, MI 48317 sold above their list price, the typical home went under contract in 20 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 81 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold faster (25 days then) and the median sale price fell 4% to $299,770. Overall, Utica is more competitive than a year ago, so tougher for buyers.
Within Macomb County, homes here sell more slowly than in 51% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Utica ranks #149 of 510 MI ZIP codes with enough sales (score 75 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 48317
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 1.9 months of supply in Utica, MI 48317 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 20 days in the latest three months.
Do homes in Utica sell over asking?
35% of homes sold above their original list price, and the typical sale closed at 99.5% 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 $299,770 in the three months ending August 31, 2026, about $186 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