$10,000 Closing Credit*
$850,000
3,255 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Odean Keever & Associates, Inc.
Is Union Mills, NC 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 Mills has remained a Seller's Market.
Key Takeaway
Union Mills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Union Mills, NC
How much do homes in Union Mills, NC cost?
Median Sold Price
$335,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,000(-4.3%)
Key Takeaway
Homes in Union Mills have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Union Mills was $335,000 in November 2024, down 4.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $365K | N/A |
| 2 Bedrooms | $350K | $315K | -10.0% |
| 3 Bedrooms | $390.5K | $337.1K | -13.7% |
| 4 Bedrooms | $218K | $475K | +117.9% |
| 5+ Bedrooms | $405K | $500K | +23.5% |
Summary: Union Mills 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 decreased by 10%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes increased by 117.9%, and 5+ bedroom homes increased by 23.5%.
Housing Supply in Union Mills, NC
How many homes are available in Union Mills, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Summary: The Union Mills real estate market had 14 homes for sale in November 2024, a 26.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Union Mills 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 decreased by 44.4%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 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 Mills, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Union Mills in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Union Mills, NC
How long does it take to sell a home in Union Mills, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 63 Days | -0.8% |
Summary: Homes in Union Mills had an average of 63 days on market in Nov 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Union Mills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Union Mills; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.