Is Union Hall, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Hall is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Union Hall, VA

How much do homes in Union Hall, VA cost?

Median Sold Price

$762,750

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$27,750(+3.8%)

Key Takeaway

Homes in Union Hall have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Union Hall was $762,750 in December 2024, up 3.8% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $280.2K$399.5K
+42.6%
3 $612K$549.9K
-10.1%
4 $1.2M$955K
-23.0%
5+ $1.2M$1.6M
+39.3%

Summary: Union Hall 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 42.6%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes increased by 39.3%.

Median Sold Price Compared To Nearby Cities

Rocky Mount
+17.8%
Wirtz
+14.0%
Gills Creek
+10.8%
Union Hall
+3.8%

Housing Supply in Union Hall, VA

How many homes are available in Union Hall, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5154+5.9%

Summary: The Union Hall real estate market had 54 homes for sale in December 2024, a 5.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 54
-20.0%
3 2025
+25.0%
4 1818
0.0%
5+ 86
-25.0%

Summary: The Union Hall housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
122-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Hall, 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 Hall in December 2024, down by 83.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Union Hall, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Union Hall, VA

Nearby Markets to Union Hall, VA

What housing markets are near Union Hall, VA?