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Utica, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
17
Sold (12M)
10
Median Price
$18K
Market Condition
Strong Buyer's Market

Utica, New York Market Meter

Buyer'sSeller's
Strong Buyer's Market

12.8 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$18K
Avg Price/Acre
$38K
Avg Days on Market
25
Months of Supply
12.8
YoY Price Change
+92.9%
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1457
1-2 acres----
2-5 acres--12
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres---1
100+ acres----
TOTAL14610
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres7 sold / 10 listed
1-2 acres0 sold / 2 listed
2-5 acres2 sold / 3 listed
20-50 acres0 sold / 1 listed
50-100 acres1 sold / 1 listed

Median Price by Acreage

$0$70K$140K
0- 1
2- 5
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$350K
Last 12 months
Active Listings
17
Current inventory
Avg Days on Market
25
Time to sell
Price Trend (YoY)
+92.9%
Year over year

Utica, New York Land Market Analysis

How much is land worth in Utica, New York?

The median price for land in Utica, New York is currently $38K per acre. For a typical parcel, the median sale price is $18K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $82K.

Is now a good time to buy land in Utica, New York?

Utica, New York is currently a strong buyer's market with 12.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 92.9% year-over-year.

What is the months of supply for land in Utica, New York?

Utica, New York currently has 12.8 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the total amount sold in Utica, New York last year?

Over the past 12 months, Utica, New York saw 10 properties sold, totaling $350K in sales volume. In just the last 3 months, 4 properties changed hands.

What is the absorption rate for land in Utica, New York?

The 3-month absorption rate in Utica, New York is 7.8%. The 12-month rate is 4.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

How long does it take to sell land in Utica, New York?

Land in Utica, New York typically sells within 25 days of listing. The median time on market is 19 days. Properties are moving quickly in the current strong buyer's market.

Is now a good time to invest in land in Utica, New York?

The current absorption rate in Utica, New York is 7.8% (3-month basis), indicating slow demand. With appreciating values (+92.9% YoY), the market shows growth potential. The top-performing broker in this market is Howard Hanna Cny Inc.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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