Is Union Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Union Township has remained a Seller's 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, IN

How much do homes in Union Township, IN cost?

Median Sold Price

$213,950

$143/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$28,050(-11.6%)

Key Takeaway

Homes in Union Township have sold for 11.6% less than they did a month ago.

Summary: The median home sold price in Union Township was $213,950 in November 2024, down 11.6% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $101K-
N/A
2 $197.5K$172K
-12.9%
3 $250K$207.4K
-17.0%
4 $257.5K$272K
+5.6%
5+ --
N/A

Summary: Union Township 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 decreased by 12.9%, 3 bedroom homes decreased by 17%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grant Township
+20.1%
Wilmington Township
+12.4%
Jackson Township
-1.4%
Auburn
-9.2%
Union Township
-11.6%

Housing Supply in Union Township, IN

How many homes are available in Union Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6360-4.8%

Summary: The Union Township real estate market had 60 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 54
-20.0%
3 4441
-6.8%
4 1011
+10.0%
5+ 34
+33.3%

Summary: The Union Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2022+10.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Township, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Union Township in November 2024, up by 10.0% month-over-month. Of the 22 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for Union Township, IN

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 17 Days Ago

Newest Listings in Union Township, IN

Nearby Markets to Union Township, IN

What housing markets are near Union Township, IN?