$10,000 Closing Credit*
$1,500,000
2,635 SqFt
7 Beds
•4 Full Baths
Kelly Bronkema, Listing Office: Coldwell Banker Realty
Is Union, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Union was a Seller's Market.
Key Takeaway
Union is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Union, MI
How much do homes in Union, MI cost?
Median Sold Price
$477,500
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$97,500(+25.7%)
Key Takeaway
Homes in Union have sold for 25.7% more than they did a year ago.
Summary: The median home sold price in Union was $477,500 in October 2024, up 25.7% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199K | $250K | +25.6% |
| 3 Bedrooms | $380K | $377.7K | -0.6% |
| 4 Bedrooms | $646.7K | $617.5K | -4.5% |
| 5+ Bedrooms | $624.5K | $1.7M | +183.4% |
Summary: Union 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 increased by 25.6%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 183.4%.
Median Sold Price Compared To Nearby Cities
| Porter Township | $380K | $495K | +30.3% |
| Union | $380K | $477.5K | +25.7% |
| Mason Township | $242K | $265K | +9.5% |
Housing Supply in Union, MI
How many homes are available in Union, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Union real estate market had 6 homes for sale in October 2024, a 25.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Union 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 decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Union in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Union, MI
How long does it take to sell a home in Union, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 19 Days | -47.9% |
Summary: Homes in Union had an average of 19 days on market in Oct 2024, down by 47.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Union are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Union; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
