$2,019 Closing Credit*
$170,000
1,462 SqFt
3 Beds
•2 Full Baths
#24040220, Christine Durham, Listing Office: ERA TEAM Real Estate
Is Union County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Union County was a Seller's Market.
Key Takeaway
Union County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Union County, AR
How much do homes in Union County, AR cost?
Median Sold Price
$155,000
$91/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$22,500(-12.7%)
Key Takeaway
Homes in Union County have sold for 12.7% less than they did a month ago.
Summary: The median home sold price in Union County was $155,000 in October 2024, down 12.7% from last month, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $112K | $58.5K | -47.8% |
| 3 Bedrooms | $155.2K | $160K | +3.1% |
| 4 Bedrooms | $322.5K | $537.5K | +66.7% |
| 5+ Bedrooms | $499.9K | $192.5K | -61.5% |
Summary: Union County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 61.5%.
Median Sold Price Compared To Nearby Counties
| Union County | $177.5K | $155K | -12.7% |
| Ouachita County | $180K | $74.5K | -58.6% |
| Calhoun County | $253K | $28.5K | -88.7% |
Housing Supply in Union County, AR
How many homes are available in Union County, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 126 | 122 | -3.2% |
Summary: The Union County real estate market had 122 homes for sale in October 2024, a 3.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 64 | 58 | -9.4% |
| 4 Bedrooms | 33 | 34 | +3.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Union County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Union County in October 2024, down by 12.5% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for Union County, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.