Is Union, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Union, OH

How much do homes in Union, OH cost?

Median Sold Price

$197,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,250(+4.9%)

Key Takeaway

Homes in Union have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Union was $197,000 in November 2024, up 4.9% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $153.1K$182K
+18.9%
3 $178K$196K
+10.1%
4 $243.5K$280K
+15.0%
5+ $252.9K$390K
+54.2%

Summary: Union 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 18.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 54.2%.

Median Sold Price Compared To Nearby Cities

Union Township
+17.3%
West Milton
+13.2%
Union City Township
+8.6%
Clayton
+7.5%
Union
+4.9%

Housing Supply in Union, OH

How many homes are available in Union, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2731+14.8%

Summary: The Union real estate market had 31 homes for sale in November 2024, a 14.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1925
+31.6%
4 55
0.0%
5+ 00
0.0%

Summary: The Union 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 66.7%, 3 bedroom homes increased by 31.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Union in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Union, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Union, OH

Nearby Markets to Union, OH

What housing markets are near Union, OH?