$4,156 Closing Credit*
$350,000
1,223 SqFt
3 Beds
•2 Full Baths
Wilsie Ortiz, Listing Office: COMPLETE REALTY
Is Union Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Union Park has remained a Seller's Market.
Key Takeaway
Union Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Union Park, FL
How much do homes in Union Park, FL cost?
Median Sold Price
$404,875
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,264(+2.9%)
Key Takeaway
Homes in Union Park have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Union Park was $404,875 in November 2024, up 2.9% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $184.9K | +5.7% |
| 2 Bedrooms | $250K | $265K | +6.0% |
| 3 Bedrooms | $370K | $379.9K | +2.7% |
| 4 Bedrooms | $467.5K | $485K | +3.7% |
| 5+ Bedrooms | $585K | $610K | +4.3% |
Summary: Union Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Casselberry-Altamonte Springs | $360.1K | $379.9K | +5.5% |
| Orlando | $375K | $393.9K | +5.0% |
| Union Park | $393.6K | $404.8K | +2.9% |
| East Orange | $522.2K | $529.6K | +1.4% |
Housing Supply in Union Park, FL
How many homes are available in Union Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 718 | 737 | +2.6% |
Summary: The Union Park real estate market had 737 homes for sale in November 2024, a 2.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 73 | 81 | +11.0% |
| 3 Bedrooms | 311 | 332 | +6.8% |
| 4 Bedrooms | 254 | 247 | -2.8% |
| 5+ Bedrooms | 72 | 68 | -5.6% |
Summary: The Union Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 135 | 131 | -3.0% |
Asking Price vs. Sold Price
79 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union Park, you may be able to get a good deal. 60.3% of homes here sold below asking price last month.
Summary: A total of 131 homes were sold or pending in Union Park in November 2024, down by 3.0% month-over-month. Of the 131 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.
Days on Market for Union Park, FL
How long does it take to sell a home in Union Park, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 49 Days | +87.7% |
Summary: Homes in Union Park had an average of 49 days on market in Nov 2024, up by 87.7% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Union Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 131 homes were sold in Union Park; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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