$10,000 Closing Credit*
$899,000
4 Beds
•4 Full Baths, 1 Partial
Listing Office: THE REAL ESTATE COMPANY
Is Union Township, NJ 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, NJ
How much do homes in Union Township, NJ cost?
Median Sold Price
$540,000
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,025(+5.9%)
Key Takeaway
Homes in Union Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Union Township was $540,000 in October 2024, up 5.9% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | $250.5K | +15.2% |
| 2 Bedrooms | $394.5K | $410K | +3.9% |
| 3 Bedrooms | $500K | $540K | +8.0% |
| 4 Bedrooms | $560K | $600K | +7.1% |
| 5+ Bedrooms | $620K | $740K | +19.4% |
Summary: Union Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Alexandria Township | $560K | $700.5K | +25.1% |
| Franklin Township | $321.4K | $400K | +24.5% |
| Pittstown | $735K | $860K | +17.0% |
| Union Township | $509.9K | $540K | +5.9% |
| Clinton | $450K | $340K | -24.4% |
Housing Supply in Union Township, NJ
How many homes are available in Union Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 169 | 179 | +5.9% |
Summary: The Union Township real estate market had 179 homes for sale in October 2024, a 5.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 23 | 18 | -21.7% |
| 3 Bedrooms | 71 | 72 | +1.4% |
| 4 Bedrooms | 44 | 57 | +29.5% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
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 21.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union Township, you could pay more than the asking price. 69.4% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in Union Township in October 2024, the same as the previous month. Of the 36 sold homes, 19% were sold under asking, 11% were sold at asking, and 69% were sold over asking.
Days on Market for Union Township, NJ
We’re sorry, we don't have information for this market at the moment
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Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.