Is Union City, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union City is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Union City has remained a Buyer's Market.

Key Takeaway

Union City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Union City, OK

How much do homes in Union City, OK cost?

Median Sold Price

$300,000

$169/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$55,000(-15.5%)

Key Takeaway

Homes in Union City have sold for 15.5% less than they did a month ago.

Summary: The median home sold price in Union City was $300,000 in October 2024, down 15.5% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $355K-
N/A
4 -$300K
N/A
5+ --
N/A

Summary: Union City 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Union City, OK

How many homes are available in Union City, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Union City real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 44
0.0%
5+ 12
+100.0%

Summary: The Union City 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Union City in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Union City, OK

How long does it take to sell a home in Union City, OK?

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days147 Days+2000.0%

Summary: Homes in Union City had an average of 147 days on market in Oct 2024, up by 2000% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Union City are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Union City; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

Newest Listings in Union City, OK

Nearby Markets to Union City, OK

What housing markets are near Union City, OK?