Market Intelligence · MI / Utica

Utica, MI 48317 Housing Market

The typical home in Utica, MI 48317 is worth $296,225, up 1.6% over the past year as of September 2026. Sellers are listing at a median of $322,750, and homes are taking a median of 39 days to go under contract.

Updated September 2026Median value$296K

The median home value in Utica, MI 48317 is $296K as of September 2026, up 1.6% 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 48317 range

$273K to $320K

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

+1.6% over 12 months

Sep 2025$292K

Low $292KHigh $296K

Sep 2026$296K

The numbers

What is the 48317 housing market like?

As of September 2026

Typical home value

$296K

1.6%YoY

Median list price

$323K

7.6%MoM

Days on market

14.7%MoM

Homes for sale

2.0%MoM

Price cuts

14.6%

48.3%MoM

New listings

31.2%MoM

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

The outlook

48317 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48317 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 48317 rose 1.6%, per the Zillow Home Value Index.

Will home prices drop in 48317?

Zillow's forecast does not call for a drop: it expects typical home values in 48317 to rise 1.4% by September 2027, after a 1.6% 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 48317 home prices compare?

48317$296,225
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 are 50 homes for sale in 48317, with 22 new listings coming on the market. The median list price is $322,750, above the typical home value of $296,225, and homes sit for a median of 39 days. About 14.6% of listings have taken a price cut, even though values are up 1.6% over the past year. That mix suggests buyers are willing to wait out ambitious pricing, so sellers should expect some negotiation rather than a quick full-price sale.

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Down payment20% · $59,245

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Common questions

What people ask us.

How much is a home in 48317 worth?

The typical home value in 48317 is $296,225 as of September 2026, up 1.6% over the past year.

How long does it take to sell a home in 48317?

Homes in 48317 spend a median of 39 days on the market as of September 2026.

Are sellers cutting prices in 48317?

Yes. As of September 2026, 14.6% of active listings in 48317 have had a price reduction, and the median list price stands at $322,750.

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