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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Union Township was a Seller's Market.

Key Takeaway

Union Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Union Township, OH

How much do homes in Union Township, OH cost?

Median Sold Price

$245,400

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,400(+22.7%)

Key Takeaway

Homes in Union Township have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in Union Township was $245,400 in November 2024, up 22.7% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $187.5K$270K
+44.0%
2 $85.7K$190K
+121.6%
3 $200K$236.2K
+18.1%
4 $299.9K$340K
+13.4%
5+ $435K$550K
+26.4%

Summary: Union Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44%, 2 bedroom homes increased by 121.6%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 26.4%.

Median Sold Price Compared To Nearby Cities

Perry Township
+37.8%
Lee Township
+24.2%
Union Township
+22.7%
Monroe Township
+14.5%
Center Township
+7.8%

Housing Supply in Union Township, OH

How many homes are available in Union Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Union Township real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 42
-50.0%
3 79
+28.6%
4 23
+50.0%
5+ 00
0.0%

Summary: The Union Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Union Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Union Township, OH

How long does it take to sell a home in Union Township, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days89 Days+190.2%

Summary: Homes in Union Township had an average of 89 days on market in Nov 2024, up by 190.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Union Township has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Union Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 Township, OH

Nearby Markets to Union Township, OH