At approximately 3.17 months of inventory, Utica remains below the level typically associated with a balanced market. Sellers still hold an advantage, although buyers now have more choices than they did earlier in the year.

Utica Home Values Remain Relatively Stable

The median estimated property value was $253,310 at the end of June 2026.

• Estimated values declined 0.4% from the previous month.
• Estimated values declined 1.4% over the past year.
• Estimated values increased 2.7% over the past two years.
• Estimated values increased 9.2% over the past three years.

The short-term decline is modest, while the longer-term trend remains positive. Estimated values are generated by an automated valuation model and should not be considered a formal appraisal.

Median Sold Price Moved Lower

The median sold price decreased to $242,396, approximately 10.2% lower than the previous month.

It is important to remember that Utica is a smaller market. A limited number of monthly sales can cause the median price to change significantly depending on the size, location, age, condition, and acreage of the homes that closed.

Sellers received approximately 98.2% of their asking price, showing that buyers are still paying close to list price for desirable properties.

Inventory Gives Buyers More Options

Utica ended June with approximately 19 active listings and five closed sales. The median list price was $299,900, down about 10.5% from the previous month.

The current inventory includes a broad mix of properties:

• Homes in Deer Valley and surrounding subdivisions
• Rural properties with one or more acres
• Newer homes built within the past ten years
• Entry-level homes priced below $200,000
• Larger homes priced above $500,000

This variety creates opportunities for first-time buyers, move-up buyers, and buyers searching for acreage.

Recent Utica Listings

The report included ten recent listings ranging from $145,000 to $619,900.

• 107 E. Locust Grove Road: Listed at $145,000 with three bedrooms, one bathroom, and approximately one acre.
• 308 Morgan Lane: Listed at $168,000 with three bedrooms, two bathrooms, and approximately one acre.
• 6453 Valley Brook Trace: Listed at $239,900 in the Deer Valley area.
• 1701 Burton Road: Listed at $579,900 with five bedrooms, three bathrooms, and approximately one acre.
• 10835 Jackson Road North: Listed at $619,900 with four bedrooms, three bathrooms, and approximately 3.56 acres.

The median asking price among the ten recent listings was approximately $250,350.

Deer Valley Continues to Generate Activity

Deer Valley and nearby streets continue to account for a significant share of Utica's market activity.

Recent active and closed properties appeared on:

• Valley Brook Trace
• Cherry Blossom Court
• Dellwood Valley Lane
• Autumn Valley Trace
• Deer Valley Boulevard

Buyers continue to be attracted to the area's newer construction, neighborhood setting, and convenient access to Owensboro.

Recent Utica Home Sales

Ten recent closings were included in the RPR report, with sale prices ranging from $173,000 to $484,900.

• 2309 Deer Valley Boulevard: Sold for $484,900
• 8935 Sands Road: Sold for $460,000
• 2325 Deer Valley Boulevard: Sold for $455,000
• 6605 Valley Brook Trace: Sold for $374,900
• 1567 Hill Bridge Road: Sold for $325,000
• 2347 Blossom Court: Sold for $297,000
• 2682 Cherry Blossom Court: Sold for $249,900

These sales demonstrate demand across several price ranges, including subdivision homes, newer construction, and acreage properties.

What This Means for Utica Sellers

Sellers still have favorable conditions, although buyers have more inventory to compare.

• Utica remains below balanced-market inventory levels.
• Sellers are receiving approximately 98.2% of asking price.
• Buyer demand remains strong in Deer Valley.
• Newer homes and acreage properties continue to attract attention.
• Correct pricing is increasingly important as inventory grows.

Sellers should avoid relying only on citywide averages. A home's neighborhood, age, upgrades, square footage, lot size, and condition can significantly affect its value.

What This Means for Utica Buyers

Buyers now have more options, but desirable homes can still sell quickly.

• Secure financing approval before touring homes.
• Compare recent neighborhood sales carefully.
• Review property condition, acreage, utilities, and maintenance needs.
• Move quickly when a well-priced home becomes available.
• Use a local Realtor familiar with Deer Valley and the surrounding Utica market.

Utica Market Outlook

Utica appears to be moving toward slightly more balanced conditions, but the market still favors sellers. Increased inventory gives buyers additional choices, while the sold-to-list ratio shows that properly priced homes remain competitive.

Through the remainder of summer, activity should continue to be strongest for move-in-ready homes, newer properties, homes in Deer Valley, and rural homes with usable acreage.