Market Intelligence · MI / Utica

Utica, MI 48316 Housing Market

The typical home value in Utica, MI 48316 is $425,027, up 2.7% over the past year as of 2026-07-01. As of 2026-08-01, the median list price is $439,000 and homes spend a median of 39 days on the market.

Updated August 2026Median value$416K

The median home value in Utica, MI 48316 is $416K as of August 2026, up 2.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48316 range

$383K to $450K

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

+2.6% over 12 months

Typical home value in 48316 over the last 12 months: $406K in Aug 2025 to $416K in Aug 2026 (+2.6%).

Aug 2025$406K

Aug 2026$416K

The numbers

What is the 48316 housing market like?

Typical home value

$416K

Up2.6%YoY

Median list price

$439K

Up2.4%MoM

Days on market

39

Up25.8%MoM

Homes for sale

73

Down8.7%MoM

Price cuts

24.0%

Up14.4%MoM

New listings

40

Down20.0%MoM

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

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The comparison

How do 48316 home prices compare?

  • 48316$416,390
  • Utica$416,390
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Utica: 3 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 73 homes for sale in 48316, with 40 new listings hitting the market. The median list price is $439,000, and homes sell in a median of 39 days. The typical home value is $425,027, up 2.7% over the past year as of 2026-07-01. About 24.0% of listings have taken a price cut. For a seller, the market is moving at a steady pace, but a meaningful share of sellers are adjusting their asking price, so pricing correctly from the start matters.

Monthly payment

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20% · $83,278

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