Market Intelligence · MI / Utica

Utica, MI 48316 Housing Market

In Utica, MI 48316, the typical home value is $413,142, up 2.3% over the past year as of September 2026. The median list price is $425,813, and homes spend a median of 44 days on market.

Updated September 2026Median value$413K

The median home value in Utica, MI 48316 is $413K as of September 2026, up 2.3% 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 48316 range

$380K to $446K

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

+2.3% over 12 months

Sep 2025$404K

Low $404KHigh $413K

Sep 2026$413K

The numbers

What is the 48316 housing market like?

As of September 2026

Typical home value

$413K

2.3%YoY

Median list price

$426K

3.0%MoM

Days on market

12.8%MoM

Homes for sale

5.5%MoM

Price cuts

14.5%

39.7%MoM

New listings

15.0%MoM

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

The outlook

48316 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48316 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 48316 rose 2.3%, per the Zillow Home Value Index.

Will home prices drop in 48316?

Zillow's forecast does not call for a drop: it expects typical home values in 48316 to rise 1.3% by September 2027, after a 2.3% 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 48316 home prices compare?

48316$413,142
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, Utica, MI 48316 had 77 homes for sale and 46 new listings. The median list price was $425,813, close to the typical home value of $413,142, which was up 2.3% over the past year. A median of 44 days on market points to a measured pace rather than a frenzy. With 14.5% of listings showing a price cut, buyers are negotiating some, but values have still risen. Sellers should price carefully and expect the market to punish wishful thinking.

Monthly payment

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Home price

Down payment20% · $82,628

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Common questions

What people ask us.

How much is a home in 48316 worth?

The typical home value in Utica, MI 48316 is $413,142 as of September 2026, up 2.3% over the past year.

How fast are homes selling in 48316?

Homes in Utica, MI 48316 had a median of 44 days on market as of September 2026. That suggests a steady pace, not an instant sale for every listing.

Are sellers cutting prices in 48316?

Yes, 14.5% of listings had a price cut as of September 2026. The typical value was still up 2.3% over the past year.

Discover

Nearby ZIP markets.

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