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 seller's market

Buyer's
Market

Difference Since December 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, OH

How much do homes in Union Township, OH cost?

Median Sold Price

$264,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$26,500(+11.2%)

Key Takeaway

Homes in Union Township have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Union Township was $264,000 in December 2024, up 11.2% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $62K$190K
+206.5%
3 $230.7K$200K
-13.3%
4 $269.9K$348.5K
+29.1%
5+ $275.5K$550K
+99.6%

Summary: Union Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 206.5%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes increased by 99.6%.

Housing Supply in Union Township, OH

How many homes are available in Union Township, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10100.0%

Summary: The Union Township real estate market had 10 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 64
-33.3%
4 44
0.0%
5+ 00
0.0%

Summary: The Union Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2 homes were sold or pending in Union Township in December 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Dec 2023Dec 2024CHANGE
39 Days35 Days-10.3%

Summary: Homes in Union Township had an average of 35 days on market in Dec 2024, down by 10.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 December 2024, 2 homes were sold in Union Township; 0% of homes were sold within 30 days, 100% 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 7 Days Ago

Newest Listings in Union Township, OH

Nearby Markets to Union Township, OH

What housing markets are near Union Township, OH?