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Cities with the most expensive homes in the Utica metro area

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ungvar // Shutterstock
ungvar // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Utica metro area using data from . Charts show the monthly typical home value since January 2018. All 22 cities and towns with data available were included in the list.

You may also like: The 30 most popular homes for sale in Utica

#22. Ilion, NY

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#22. Ilion, NY

- Typical home value: $158,842
- 1-year price change: +6.8%
- 5-year price change: +41.3%

#21. Mohawk, NY

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#21. Mohawk, NY

- Typical home value: $175,501
- 1-year price change: +8.4%
- 5-year price change: +42.9%

#20. Middleville, NY

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#20. Middleville, NY

- Typical home value: $179,723
- 1-year price change: +3.4%
- 5-year price change: +41.0%

#19. Cold Brook, NY

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#19. Cold Brook, NY

- Typical home value: $179,801
- 1-year price change: +6.2%
- 5-year price change: +23.2%

#17. Chadwicks, NY

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#17. Chadwicks, NY

- Typical home value: $203,423
- 1-year price change: +8.1%
- 5-year price change: +43.2%

#16. Yorkville, NY

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#16. Yorkville, NY

- Typical home value: $206,142
- 1-year price change: +8.2%
- 5-year price change: +38.2%

#15. Utica, NY

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#15. Utica, NY

- Typical home value: $212,423
- 1-year price change: +7.0%
- 5-year price change: +44.3%

#14. Oriskany Falls, NY

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#14. Oriskany Falls, NY

- Typical home value: $213,304
- 1-year price change: +7.6%
- 5-year price change: +40.4%

#12. Sylvan Beach, NY

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#12. Sylvan Beach, NY

- Typical home value: $218,630
- 1-year price change: -0.6%
- 5-year price change: +35.4%

#11. Waterville, NY

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#11. Waterville, NY

- Typical home value: $230,296
- 1-year price change: +8.4%
- 5-year price change: +35.3%

#10. New York Mills, NY

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#10. New York Mills, NY

- Typical home value: $232,993
- 1-year price change: +2.9%
- 5-year price change: +35.2%

#9. Clayville, NY

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#9. Clayville, NY

- Typical home value: $242,911
- 1-year price change: +4.8%
- 5-year price change: +37.0%

#7. Oriskany, NY

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#7. Oriskany, NY

- Typical home value: $261,197
- 1-year price change: +9.0%
- 5-year price change: +43.6%

#6. Poland, NY

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#6. Poland, NY

- Typical home value: $261,349
- 1-year price change: +6.5%
- 5-year price change: +38.6%

#5. Sherrill, NY

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#5. Sherrill, NY

- Typical home value: $265,500
- 1-year price change: +7.3%
- 5-year price change: +43.5%

#4. Whitesboro, NY

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#4. Whitesboro, NY

- Typical home value: $270,102
- 1-year price change: +6.6%
- 5-year price change: +39.2%

#2. Barneveld, NY

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#2. Barneveld, NY

- Typical home value: $302,477
- 1-year price change: +7.6%
- 5-year price change: data not available

#1. Clinton, NY

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#1. Clinton, NY

- Typical home value: $308,628
- 1-year price change: +4.6%
- 5-year price change: +35.6%