$3,907 Closing Credit*
$329,000
2,584 SqFt
5 Beds
•3 Full Baths
DAVID THOMAS, Listing Office: MOMENTUM REALTY
Is Union County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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
$300,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,100(+20.0%)
Key Takeaway
Homes in Union County have sold for 20% more than they did a year ago.
Summary: The median home sold price in Union County was $300,000 in October 2024, up 20% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249.9K | $171.2K | -31.5% |
| 3 Bedrooms | $245K | $300K | +22.4% |
| 4 Bedrooms | $309.5K | $325K | +5.0% |
| 5+ Bedrooms | - | $519.9K | N/A |
Summary: Union County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.5%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Union County | $249.9K | $300K | +20.0% |
| Bradford County | $225K | $239.5K | +6.4% |
| Alachua County | $315.2K | $324.7K | +3.0% |
| Baker County | $289.4K | $287.4K | -0.7% |
Housing Supply in Union County, FL
How many homes are available in Union County, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Union County real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Union County in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 89 Days | +152.4% |
Summary: Homes in Union County had an average of 89 days on market in Oct 2024, up by 152.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Union County has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Union County; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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