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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Union has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Union, WI

How much do homes in Union, WI cost?

Median Sold Price

$440,000

$312/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$110,100(+33.4%)

Key Takeaway

Homes in Union have sold for 33.4% more than they did a month ago.

Summary: The median home sold price in Union was $440,000 in October 2024, up 33.4% from last month, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$400K
N/A
2 $329.9K$440K
+33.4%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Union housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union
+33.4%
Ogema Township
-34.4%

Housing Supply in Union, WI

How many homes are available in Union, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The Union real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 42
-50.0%
3 00
0.0%
4 35
+66.7%
5+ 00
0.0%

Summary: The Union 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were 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, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Union in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Union, WI

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

Average Sale Time

Sep 2024Oct 2024CHANGE
63 Days49 Days-22.2%

Summary: Homes in Union had an average of 49 days on market in Oct 2024, down by 22.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Union; 0% 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 20 Days Ago

Newest Listings in Union, WI

Nearby Markets to Union, WI

What housing markets are near Union, WI?