Is Union Township, PA 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 November 2023

At the same time last year, Union Township was a Buyer'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, PA

How much do homes in Union Township, PA cost?

Median Sold Price

$153,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,250(+18.8%)

Key Takeaway

Homes in Union Township have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Union Township was $153,000 in November 2024, up 18.8% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$93.5K
N/A
2 $113.3K$129.2K
+14.0%
3 $140.9K$164.9K
+17.0%
4 $139.5K$155.8K
+11.7%
5+ -$429.5K
N/A

Summary: Union Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Township
+18.8%
New Castle
+11.7%
Neshannock Township
+8.2%

Housing Supply in Union Township, PA

How many homes are available in Union Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1916-15.8%

Summary: The Union Township real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 108
-20.0%
4 22
0.0%
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 remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 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 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 3 homes were sold or pending in Union Township in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Union Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days25 Days-8.3%

Summary: Homes in Union Township had an average of 25 days on market in Nov 2024, down by 8.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 November 2024, 3 homes were sold in Union Township; 33% of homes were sold within 30 days, 67% 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, PA

Nearby Markets to Union Township, PA

What housing markets are near Union Township, PA?