$9,844 Closing Credit*
$829,000
1,276 SqFt
3 Beds
•1 Full Bath, 1 Partial
Sue Sutton-Ludwig, Listing Office: RE/MAX Concepts
Is Union Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Union Township was a Neutral Market.
Key Takeaway
Union Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Union Township, IA
How much do homes in Union Township, IA cost?
Median Sold Price
$355,000
$237/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$233,000(-39.6%)
Key Takeaway
Homes in Union Township have sold for 39.6% less than they did a month ago.
Summary: The median home sold price in Union Township was $355,000 in October 2024, down 39.6% from last month, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $537K | $415K | -22.7% |
| 3 Bedrooms | $639K | $355K | -44.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Union Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.7%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Union Township, IA
How many homes are available in Union Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Summary: The Union Township real estate market had 7 homes for sale in October 2024, a 36.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Union Township 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 decreased by 50%, 3 bedroom homes decreased by 33.3%, 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
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Union Township in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Union Township, IA
How long does it take to sell a home in Union Township, IA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 35 Days | +1073.3% |
Summary: Homes in Union Township had an average of 35 days on market in Oct 2024, up by 1073.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Union Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Union Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
