Is Union County, FL 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, FL

How much do homes in Union County, FL cost?

Median Sold Price

$530,000

$231/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$205,000(+63.1%)

Key Takeaway

Homes in Union County have sold for 63.1% more than they did a month ago.

Summary: The median home sold price in Union County was $530,000 in November 2024, up 63.1% from last month, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $395K$530K
+34.2%
4 $321.2K-
N/A
5+ --
N/A

Summary: Union County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 34.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Union County, FL

How many homes are available in Union County, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1815-16.7%

Summary: The Union County real estate market had 15 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 22
0.0%
3 118
-27.3%
4 32
-33.3%
5+ 01
+100.0%

Summary: The Union County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Union County in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Union County, FL

How long does it take to sell a home in Union County, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
89 Days53 Days-40.6%

Summary: Homes in Union County had an average of 53 days on market in Nov 2024, down by 40.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Union County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Union County; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in Union County, FL

Nearby Markets to Union County, FL

What housing markets are near Union County, FL?