$1,781 Closing Credit*
$150,000
833 SqFt
2 Beds
•1 Full Bath
#100476733, Listing Office: Carolina Modern Realty
Is Union Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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, NC
How much do homes in Union Township, NC cost?
Median Sold Price
$332,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$106,250(+47.0%)
Key Takeaway
Homes in Union Township have sold for 47% more than they did a year ago.
Summary: The median home sold price in Union Township was $332,500 in October 2024, up 47% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $365K | N/A |
| 2 Bedrooms | $236.5K | $265K | +12.1% |
| 3 Bedrooms | $220K | $345.2K | +56.9% |
| 4 Bedrooms | $227.5K | $900K | +295.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Union Township 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 12.1%, 3 bedroom homes increased by 56.9%, 4 bedroom homes increased by 295.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Union Township | $226.2K | $332.5K | +47.0% |
| Wallace | $228K | $310K | +36.0% |
| Island Creek Township | $228K | $255K | +11.8% |
Housing Supply in Union Township, NC
How many homes are available in Union Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Union Township real estate market had 9 homes for sale in October 2024, a 10.0% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Union Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Union Township, NC
How long does it take to sell a home in Union Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 25 Days | -43.7% |
Summary: Homes in Union Township had an average of 25 days on market in Oct 2024, down by 43.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were 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, 3 homes were sold in Union Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
