$4,619 Closing Credit*
$389,000
1,650 SqFt
3 Beds
•2 Full Baths
Annetta Crawford, Listing Office: Douglass & Co Real Estate Team
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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Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.