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 October 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

$420,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$70,000(+20.0%)

Key Takeaway

Homes in Unionville have sold for 20% more than they did a year ago.

Summary: The median home sold price in Unionville was $420,000 in October 2024, up 20% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K$145K
+7.4%
2 $235.5K$203K
-13.8%
3 $350K$414K
+18.3%
4 $474K$556.5K
+17.4%
5+ $1.0M$690K
-34.3%

Summary: Unionville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 34.3%.

Median Sold Price Compared To Nearby Cities

Farmington
+34.3%
Unionville
+20.0%
Bristol
+9.8%
Avon
+8.2%
Burlington
-5.0%

Housing Supply in Unionville, CT

How many homes are available in Unionville, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2024+20.0%

Summary: The Unionville real estate market had 24 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 24
+100.0%
3 1514
-6.7%
4 13
+200.0%
5+ 22
0.0%

Summary: The Unionville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 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. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Unionville in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% 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 16 Days Ago

Newest Listings in Unionville, CT

Nearby Markets to Unionville, CT

What housing markets are near Unionville, CT?