Is Union County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Union County has remained a Seller's Market.

Key Takeaway

Union County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Union County, AR

How much do homes in Union County, AR cost?

Median Sold Price

$155,000

$99/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$34,000(-18.0%)

Key Takeaway

Homes in Union County have sold for 18% less than they did a month ago.

Summary: The median home sold price in Union County was $155,000 in December 2024, down 18% from last month, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $72.2K$85.5K
+18.4%
3 $140K$153K
+9.3%
4 $354.5K$290K
-18.2%
5+ $477K-
N/A

Summary: Union County housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Ouachita County
+23.9%
Union County
-18.0%

Housing Supply in Union County, AR

How many homes are available in Union County, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
113100-11.5%

Summary: The Union County real estate market had 100 homes for sale in December 2024, a 11.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1613
-18.8%
3 5852
-10.3%
4 3126
-16.1%
5+ 89
+12.5%

Summary: The Union County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2124+14.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union County, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Union County in December 2024, up by 14.3% month-over-month. Of the 23 sold homes, 70% were sold under asking, 13% were sold at asking, and 17% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Union County, AR

Nearby Markets to Union County, AR

What housing markets are near Union County, AR?