Mortgage payment estimates, closing cost breakdowns, and homebuying data for Utica, New York.
Pre-filled with Utica median home price and New York tax/insurance rates. Adjust for your property.
Estimated closing costs based on New York rates and fees applied to Utica prices.
The median home price in Utica is $145,000, 66% below the New York state median of $430,000. With a population of 65,284, Utica is a smaller market where home prices tend to be more accessible than in many parts of New York.
Property taxes in New York average 1.72% annually. This higher-than-average tax rate means a $145,000 home in Utica would carry roughly $208/month in property taxes alone — plan accordingly. Homeowners insurance in New York runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Utica is $880/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Utica over the long term.
Utica offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with New York's SONYMA Achieving the Dream program.