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 4 Days Ago

Newest Listings in Union, WI

Nearby Markets to Union, WI

What housing markets are near Union, WI?