Is South Union Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, South Union Township was a Seller's Market.
Key Takeaway
South Union Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Union Township, PA
How much do homes in South Union Township, PA cost?
Median Sold Price
$217,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in South Union Township has remained the same since last year.
Summary: The median home sold price in South Union Township was $217,000 in April 2024, down 0.2% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | - | N/A |
| 2 Bedrooms | $174K | $155K | -10.9% |
| 3 Bedrooms | $185K | $236K | +27.6% |
| 4 Bedrooms | $313.5K | $295K | -5.9% |
| 5+ Bedrooms | $251K | $344.5K | +37.3% |
Summary: South Union Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 27.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 37.3%.
Median Sold Price Compared To Nearby Cities
| Uniontown | $125K | $159.5K | +27.6% |
| North Union Township | $148.2K | $155K | +4.6% |
| South Union Township | $217.5K | $217K | -0.2% |
| Hopwood | $215K | $186K | -13.5% |
Housing Supply in South Union Township, PA
How many homes are available in South Union Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 39 | +39.3% |
Summary: The South Union Township real estate market had 39 homes for sale in April 2024, a 39.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 17 | 24 | +41.2% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The South Union Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 41.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Union Township, 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 South Union Township in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for South Union Township, PA
How long does it take to sell a home in South Union Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 75 Days | 51 Days | -32.2% |
Summary: Homes in South Union Township had an average of 51 days on market in Apr 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Union Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in South Union Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.