Cities with the fastest growing home prices in Utica metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Utica metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Utica-Rome, NY metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 22 cities and towns with data available were included in the list.

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Stacker

#22. Prospect, Prospect

- 1-year price change: $-279 (-0.2%)
- 5-year price change: +$121,981 (data not available)
- Typical home value: $138,093 (#19 most expensive city in metro)
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Stacker

#21. Yorkville, Yorkville

- 1-year price change: +$5,509 (+3.4%)
- 5-year price change: +$64,501 (+63.4%)
- Typical home value: $166,315 (#16 most expensive city in metro)
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Stacker

#20. New York Mills, New York Mills

- 1-year price change: +$5,552 (+3.1%)
- 5-year price change: +$64,835 (+53.3%)
- Typical home value: $186,526 (#10 most expensive city in metro)
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Stacker

#19. Waterville, Waterville

- 1-year price change: +$9,714 (+5.7%)
- 5-year price change: +$73,516 (+69.4%)
- Typical home value: $179,374 (#11 most expensive city in metro)
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Stacker

#18. Chadwicks, Chadwicks

- 1-year price change: +$9,750 (+6.3%)
- 5-year price change: +$52,380 (+46.3%)
- Typical home value: $165,607 (#17 most expensive city in metro)

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#17. Whitesboro, Whitesboro

- 1-year price change: +$10,697 (+5.1%)
- 5-year price change: +$76,301 (+53.5%)
- Typical home value: $218,870 (#4 most expensive city in metro)
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#16. Clark Mills, Clark Mills

- 1-year price change: +$12,496 (+7.7%)
- 5-year price change: +$68,205 (+64.4%)
- Typical home value: $174,084 (#15 most expensive city in metro)
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Stacker

#15. Utica, Utica

- 1-year price change: +$15,683 (+9.8%)
- 5-year price change: +$73,338 (+71.9%)
- Typical home value: $175,342 (#13 most expensive city in metro)
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Stacker

#14. Oriskany, Oriskany

- 1-year price change: +$16,111 (+8.0%)
- 5-year price change: +$75,300 (+53.0%)
- Typical home value: $217,465 (#5 most expensive city in metro)
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Stacker

#13. Rome, Rome

- 1-year price change: +$16,585 (+10.4%)
- 5-year price change: +$75,315 (+74.2%)
- Typical home value: $176,802 (#12 most expensive city in metro)

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#12. Sherrill, Sherrill

- 1-year price change: +$17,457 (+8.6%)
- 5-year price change: +$78,152 (+55.2%)
- Typical home value: $219,851 (#3 most expensive city in metro)
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#11. Oriskany Falls, Oriskany Falls

- 1-year price change: +$18,866 (+12.1%)
- 5-year price change: +$52,638 (+43.2%)
- Typical home value: $174,419 (#14 most expensive city in metro)
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#10. Middleville, Middleville

- 1-year price change: +$19,773 (+18.0%)
- 5-year price change: +$42,322 (+48.4%)
- Typical home value: $129,790 (#21 most expensive city in metro)
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#9. Ilion, Ilion

- 1-year price change: +$20,434 (+19.9%)
- 5-year price change: +$36,314 (+41.8%)
- Typical home value: $123,257 (#22 most expensive city in metro)
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#8. Cold Brook, Cold Brook

- 1-year price change: +$21,321 (+19.1%)
- 5-year price change: +$39,749 (+42.7%)
- Typical home value: $132,855 (#20 most expensive city in metro)

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#7. Clinton, Clinton

- 1-year price change: +$21,365 (+8.9%)
- 5-year price change: +$93,579 (+55.5%)
- Typical home value: $262,315 (#1 most expensive city in metro)
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#6. Sylvan Beach, Sylvan Beach

- 1-year price change: +$21,591 (+12.8%)
- 5-year price change: +$81,065 (+73.9%)
- Typical home value: $190,698 (#9 most expensive city in metro)
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#5. Mohawk, Mohawk

- 1-year price change: +$24,078 (+20.7%)
- 5-year price change: +$43,303 (+44.7%)
- Typical home value: $140,277 (#18 most expensive city in metro)
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#4. Clayville, Clayville

- 1-year price change: +$25,176 (+13.9%)
- 5-year price change: +$46,560 (+29.2%)
- Typical home value: $205,763 (#7 most expensive city in metro)
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#3. Cleveland, Cleveland

- 1-year price change: +$28,097 (+16.3%)
- 5-year price change: +$67,553 (+50.8%)
- Typical home value: $200,644 (#8 most expensive city in metro)

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Stacker

#2. Holland Patent, Holland Patent

- 1-year price change: +$29,628 (+13.6%)
- 5-year price change: +$93,239 (+60.3%)
- Typical home value: $247,883 (#2 most expensive city in metro)
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Stacker

#1. Poland, Poland

- 1-year price change: +$33,599 (+19.5%)
- 5-year price change: +$65,856 (+47.0%)
- Typical home value: $205,847 (#6 most expensive city in metro)

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