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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Union Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in North Union Township, PA

How much do homes in North Union Township, PA cost?

Median Sold Price

$156,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,250(+3.5%)

Key Takeaway

Homes in North Union Township have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in North Union Township was $156,000 in October 2024, up 3.5% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $24.9K-
N/A
2 $119.9K$105K
-12.4%
3 $153K$207K
+35.3%
4 $176.2K$105K
-40.4%
5+ $129.9K$195K
+50.1%

Summary: North Union Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 35.3%, 4 bedroom homes decreased by 40.4%, and 5+ bedroom homes increased by 50.1%.

Median Sold Price Compared To Nearby Cities

Lemont Furnace
+21.5%
North Union Township
+3.5%
Uniontown
-1.5%

Housing Supply in North Union Township, PA

How many homes are available in North Union Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1416+14.3%

Summary: The North Union Township real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 77
0.0%
4 42
-50.0%
5+ 01
+100.0%

Summary: The North 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were 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 North Union Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Union Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Union Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days139 Days+120.0%

Summary: Homes in North Union Township had an average of 139 days on market in Oct 2024, up by 120% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in North Union Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in North Union Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in North Union Township, PA

Nearby Markets to North Union Township, PA

What housing markets are near North Union Township, PA?