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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Grove is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Union Grove, WI

How much do homes in Union Grove, WI cost?

Median Sold Price

$432,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$52,231(+13.8%)

Key Takeaway

Homes in Union Grove have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Union Grove was $432,000 in October 2024, up 13.8% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $218.5K$240.5K
+10.1%
3 $370K$410K
+10.8%
4 $447.4K$456.4K
+2.0%
5+ $405K$555.4K
+37.1%

Summary: Union Grove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 37.1%.

Median Sold Price Compared To Nearby Cities

Yorkville
+16.5%
Dover
+14.3%
Union Grove
+13.8%

Housing Supply in Union Grove, WI

How many homes are available in Union Grove, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4246+9.5%

Summary: The Union Grove real estate market had 46 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1317
+30.8%
4 2524
-4.0%
5+ 33
0.0%

Summary: The Union Grove 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 increased by 100%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 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 Grove, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Union Grove in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.

Days on Market for Union Grove, WI

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Union Grove; 11% of homes were sold within 30 days, 0% 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 16 Days Ago

Newest Listings in Union Grove, WI

Nearby Markets to Union Grove, WI

What housing markets are near Union Grove, WI?