Is Union, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Union was a Seller's Market.

Key Takeaway

Union is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Union, WA

How much do homes in Union, WA cost?

Median Sold Price

$400,000

$310/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$104,000(-20.6%)

Key Takeaway

Homes in Union have sold for 20.6% less than they did a month ago.

Summary: The median home sold price in Union was $400,000 in November 2024, down 20.6% from last month, and the median price per square foot was $310.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$400K
N/A
3 $504K$410.5K
-18.6%
4 --
N/A
5+ --
N/A

Summary: Union housing prices by bedroom type for November 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 decreased by 18.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union
-20.6%
Grapeview
-61.1%

Housing Supply in Union, WA

How many homes are available in Union, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3228-12.5%

Summary: The Union real estate market had 28 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 2317
-26.1%
4 00
0.0%
5+ 00
0.0%

Summary: The Union 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 increased by 22.2%, 3 bedroom homes decreased by 26.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Union in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Union, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
67 Days57 Days-14.5%

Summary: Homes in Union had an average of 57 days on market in Nov 2024, down by 14.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Union has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Union; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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, WA

Nearby Markets to Union, WA

What housing markets are near Union, WA?