Is Union County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Union County has remained a Seller's Market.
Housing Prices in Union County, OH
How much do homes in Union County, OH cost?
Median Sold Price
$328,100
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Union County was $328,100 in May 2024, up 4% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35.5K | $224K | +531.0% |
2 Bedrooms | $175K | $215K | +22.9% |
3 Bedrooms | $288K | $305K | +5.9% |
4 Bedrooms | $375K | $416K | +10.9% |
5+ Bedrooms | $439.7K | $455K | +3.5% |
Summary: Union County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 531%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Counties
Marion County | $154.8K | $165.2K | +6.7% |
Logan County | $225K | $239.9K | +6.6% |
Delaware County | $447.6K | $469.6K | +4.9% |
Union County | $315.4K | $328.1K | +4.0% |
Champaign County | $220.9K | $218.9K | -0.9% |
Housing Supply in Union County, OH
How many homes are available in Union County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
149 | 173 | +16.1% |
Summary: The Union County real estate market had 173 homes for sale in May 2024, a 16.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 26 | 31 | +19.2% |
3 Bedrooms | 72 | 83 | +15.3% |
4 Bedrooms | 42 | 48 | +14.3% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Union County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 52 | +13.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Union County in May 2024, up by 13.0% month-over-month. Of the 52 sold homes, 33% were sold under asking, 31% were sold at asking, and 37% were sold over asking.
Days on Market for Union County, OH
How long does it take to sell a home in Union County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 21 Days | +100.2% |
Summary: Homes in Union County had an average of 21 days on market in May 2024, up by 100.2% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 52 homes were sold in Union County; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.