$2,969 Closing Credit*
$250,000
1,459 SqFt
3 Beds
•2 Full Baths
Julia Whalen, Listing Office: Sibcy Cline, REALTORS-Florence
Is Union, KY 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 has remained a Buyer's Market.
Key Takeaway
Union is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Union, KY
How much do homes in Union, KY cost?
Median Sold Price
$472,450
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,352(-7.9%)
Key Takeaway
Homes in Union have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in Union was $472,450 in November 2024, down 7.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199K | - | N/A |
| 3 Bedrooms | - | $386K | N/A |
| 4 Bedrooms | $461K | $493.9K | +7.1% |
| 5+ Bedrooms | $627.5K | $931.5K | +48.4% |
Summary: Union housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 48.4%.
Housing Supply in Union, KY
How many homes are available in Union, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 88 | +57.1% |
Summary: The Union real estate market had 88 homes for sale in November 2024, a 57.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 19 | 34 | +78.9% |
| 4 Bedrooms | 26 | 37 | +42.3% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Union 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 increased by 75%, 3 bedroom homes increased by 78.9%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Union in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Union, KY
We’re sorry, we don't have information for this market at the moment
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