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.
Months of supply1.9Under 4 months = seller’s market
Sold above original list35.4%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$186▲ +1.0% vs. last year
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 →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology