Is Union County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Union County was a Seller's Market.
Housing Prices in Union County, OR
How much do homes in Union County, OR cost?
Median Sold Price
$300,000
$190/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 $300,000 in May 2024, up 4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $137K | -37.7% |
2 Bedrooms | $209.5K | $237.5K | +13.4% |
3 Bedrooms | $300K | $315.5K | +5.2% |
4 Bedrooms | $388.2K | $387.5K | -0.2% |
5+ Bedrooms | $391.9K | $345K | -12.0% |
Summary: Union County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.7%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Counties
Baker County | $245K | $306.2K | +25.0% |
Wallowa County | $375K | $399.5K | +6.5% |
Union County | $288.3K | $300K | +4.0% |
Umatilla County | $304.8K | $303.9K | -0.3% |
Grant County | $250.4K | $226.5K | -9.5% |
Housing Supply in Union County, OR
How many homes are available in Union County, OR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
101 | 102 | +1.0% |
Summary: The Union County real estate market had 102 homes for sale in May 2024, a 1.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 15 | 18 | +20.0% |
3 Bedrooms | 46 | 43 | -6.5% |
4 Bedrooms | 26 | 28 | +7.7% |
5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Union County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 14 | -26.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Union County in May 2024, down by 26.3% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Union County, OR
How long does it take to sell a home in Union County, OR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 47 Days | +198.4% |
Summary: Homes in Union County had an average of 47 days on market in May 2024, up by 198.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Union County; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.