Is Unionville, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Unionville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Unionville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Unionville, CT

How much do homes in Unionville, CT cost?

Median Sold Price

$415,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$58,800(+16.5%)

Key Takeaway

Homes in Unionville have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Unionville was $415,000 in November 2024, up 16.5% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135K$145K
+7.4%
2 $225K$217.2K
-3.4%
3 $352.5K$403K
+14.3%
4 $460K$580K
+26.1%
5+ $1.0M$690K
-34.3%

Summary: Unionville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes decreased by 34.3%.

Median Sold Price Compared To Nearby Cities

Farmington
+30.3%
Unionville
+16.5%
Avon
+15.4%
Bristol
+11.6%
Burlington
+1.9%

Housing Supply in Unionville, CT

How many homes are available in Unionville, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2314-39.1%

Summary: The Unionville real estate market had 14 homes for sale in November 2024, a 39.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 147
-50.0%
4 22
0.0%
5+ 21
-50.0%

Summary: The Unionville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Unionville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Unionville in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Unionville, CT

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 18 Days Ago

Newest Listings in Unionville, CT

Nearby Markets to Unionville, CT

What housing markets are near Unionville, CT?