Is Union County, PA 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, PA
How much do homes in Union County, PA cost?
Median Sold Price
$284,990
$167/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 $284,990 in May 2024, up 1.8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $192K | +23.9% |
2 Bedrooms | $201K | $210K | +4.5% |
3 Bedrooms | $270K | $263K | -2.6% |
4 Bedrooms | $357.5K | $357.9K | 0.1% |
5+ Bedrooms | $300K | $475K | +58.3% |
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 23.9%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 58.3%.
Median Sold Price Compared To Nearby Counties
Northumberland County | $127.2K | $136K | +6.9% |
Centre County | $330K | $352.8K | +6.9% |
Union County | $280K | $284.9K | +1.8% |
Snyder County | $225K | $210K | -6.7% |
Housing Supply in Union County, PA
How many homes are available in Union County, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
92 | 96 | +4.3% |
Summary: The Union County real estate market had 96 homes for sale in May 2024, a 4.3% 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 | 5 | 8 | +60.0% |
3 Bedrooms | 44 | 36 | -18.2% |
4 Bedrooms | 27 | 34 | +25.9% |
5+ Bedrooms | 15 | 17 | +13.3% |
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 60%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 21 | +90.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Union County in May 2024, up by 90.9% month-over-month. Of the 21 sold homes, 57% were sold under asking, 19% were sold at asking, and 24% were sold over asking.
Days on Market for Union County, PA
How long does it take to sell a home in Union County, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
77 Days | 42 Days | -45.8% |
Summary: Homes in Union County had an average of 42 days on market in May 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Union County; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.