Is Union Vale, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Vale is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Union Vale has remained a Seller's Market.

Key Takeaway

Union Vale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Union Vale, NY

How much do homes in Union Vale, NY cost?

Median Sold Price

$617,500

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$110,000(+21.7%)

Key Takeaway

Homes in Union Vale have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in Union Vale was $617,500 in November 2024, up 21.7% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $310.2K$322K
+3.8%
3 $490K$670K
+36.7%
4 $550K$595K
+8.2%
5+ $672.5K$690K
+2.6%

Summary: Union Vale 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 increased by 3.8%, 3 bedroom homes increased by 36.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Union Vale
+21.7%
Lagrangeville
+19.5%
Dover Plains
-6.5%

Housing Supply in Union Vale, NY

How many homes are available in Union Vale, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2217-22.7%

Summary: The Union Vale real estate market had 17 homes for sale in November 2024, a 22.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1110
-9.1%
4 84
-50.0%
5+ 22
0.0%

Summary: The Union Vale 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Vale, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Union Vale in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Union Vale, NY

How long does it take to sell a home in Union Vale, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
105 Days50 Days-52.4%

Summary: Homes in Union Vale had an average of 50 days on market in Nov 2024, down by 52.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Union Vale are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Union Vale; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Union Vale, NY

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