Market Intelligence · MI / Utica

Utica, MI 48315 Housing Market

The typical home value in Utica, MI 48315 is $469,172, up 1.9% over the past year as of September 2026. The median list price is $621,559, and homes spend a median of 43 days on the market.

Updated September 2026Median value$469K

The median home value in Utica, MI 48315 is $469K as of September 2026, up 1.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48315 range

$432K to $507K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.9% over 12 months

Sep 2025$461K

Low $461KHigh $469K

Sep 2026$469K

The numbers

What is the 48315 housing market like?

As of September 2026

Typical home value

$469K

1.9%YoY

Median list price

$622K

3.6%MoM

Days on market

10.3%MoM

Homes for sale

5.4%MoM

Price cuts

19.4%

24.5%MoM

New listings

40.9%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48315 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48315 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 48315 rose 1.9%, per the Zillow Home Value Index.

Will home prices drop in 48315?

Zillow's forecast does not call for a drop: it expects typical home values in 48315 to rise 1.4% by September 2027, after a 1.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48315 home prices compare?

48315$469,172
Utica$413,142
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Utica: 3 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 88 homes for sale in 48315, with 26 new listings coming on the market. The median list price of $621,559 sits well above the typical home value of $469,172, which often reflects a mix of larger or newer homes among active listings. Meanwhile, 19.4% of listings had taken a price cut, and the typical value rose just 1.9% over the past year. The market is moving, but not fast, with a median of 43 days on market. For a seller, the honest read is that pricing right from the start matters more than testing the high end.

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Down payment20% · $93,834

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Common questions

What people ask us.

How much is a home in 48315 worth?

The typical home value in Utica, MI 48315 is $469,172, up 1.9% over the past year as of September 2026.

How long does it take to sell a home in 48315?

Homes in 48315 spend a median of 43 days on the market as of September 2026.

Are sellers in 48315 cutting prices?

Yes. As of September 2026, 19.4% of listings in 48315 had a price cut.

Discover

Nearby ZIP markets.

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