Is Unionville, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Unionville is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Unionville was a Neutral Market.

Key Takeaway

Unionville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Unionville, VA

How much do homes in Unionville, VA cost?

Median Sold Price

$408,500

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,550(+7.5%)

Key Takeaway

Homes in Unionville have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Unionville was $408,500 in November 2024, up 7.5% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $496.6K$303.8K
-38.8%
3 $350K$359.9K
+2.8%
4 $450K$527K
+17.1%
5+ $910K$1.1M
+26.4%

Summary: Unionville 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 decreased by 38.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 26.4%.

Median Sold Price Compared To Nearby Cities

Rhoadesville
+25.7%
Livingston
+11.6%
Unionville
+7.5%
Locust Grove
+3.7%

Housing Supply in Unionville, VA

How many homes are available in Unionville, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2120-4.8%

Summary: The Unionville real estate market had 20 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1516
+6.7%
4 64
-33.3%
5+ 00
0.0%

Summary: The Unionville 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 remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Unionville, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Unionville in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 80% were sold at asking, and 20% were sold over asking.

Days on Market for Unionville, VA

How long does it take to sell a home in Unionville, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days106 Days+261.9%

Summary: Homes in Unionville had an average of 106 days on market in Nov 2024, up by 261.9% compared to last year.

Breakdown of Home Sale Times

4 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

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

Summary: During November 2024, 5 homes were sold in Unionville; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 Unionville, VA

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