$4,156 Closing Credit*
$350,000
1,620 SqFt
3 Beds
•2 Full Baths
Marian Duvall, Listing Office: EXIT Riverbend Realty
Is Union, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 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, WV
How much do homes in Union, WV cost?
Median Sold Price
$243,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,000(+11.0%)
Key Takeaway
Homes in Union have sold for 11% more than they did a year ago.
Summary: The median home sold price in Union was $243,000 in October 2024, up 11% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $110K | N/A |
| 3 Bedrooms | $234K | $227.5K | -2.8% |
| 4 Bedrooms | $215K | $282.5K | +31.4% |
| 5+ Bedrooms | $505K | $565K | +11.9% |
Summary: Union 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 did not change, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Cities
| Union | $219K | $243K | +11.0% |
| Williams | $208.5K | $195K | -6.5% |
| Clay | $177.4K | $159K | -10.4% |
Housing Supply in Union, WV
How many homes are available in Union, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Union real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
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 2 homes were sold or pending in Union in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Union, WV
How long does it take to sell a home in Union, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 83 Days | 11 Days | -86.8% |
Summary: Homes in Union had an average of 11 days on market in Oct 2024, down by 86.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Union are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Union; 100% 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.
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