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 Last Month

Since last month, 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

$213,950

$129/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$34,850(+19.5%)

Key Takeaway

Homes in Union Township have sold for 19.5% more than they did a month ago.

Summary: The median home sold price in Union Township was $213,950 in October 2024, up 19.5% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $190K$158K
-16.8%
3 $168.2K$269.9K
+60.5%
4 --
N/A
5+ --
N/A

Summary: Union Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.8%, 3 bedroom homes increased by 60.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Union Township, OH

How many homes are available in Union Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Union Township real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 87
-12.5%
4 12
+100.0%
5+ 00
0.0%

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 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

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 October 2024, down by 50.0% 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

Sep 2024Oct 2024CHANGE
35 Days57 Days+62.9%

Summary: Homes in Union Township had an average of 57 days on market in Oct 2024, up by 62.9% compared to last month.

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 October 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 21 Days Ago

Newest Listings in Union Township, OH

Nearby Markets to Union Township, OH

What housing markets are near Union Township, OH?