Is Union County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Union County was a Buyer's Market.
Housing Prices in Union County, IA
How much do homes in Union County, IA cost?
Median Sold Price
$92,000
$70/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Union County was $92,000 in April 2024, down 39.7% from last month, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $54.5K | N/A |
3 Bedrooms | $150K | - | N/A |
4 Bedrooms | $225K | $262K | +16.5% |
5+ Bedrooms | - | $655K | N/A |
Summary: Union County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes did not change.
Housing Supply in Union County, IA
How many homes are available in Union County, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The Union County real estate market had 27 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Union County 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Union County in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Union County, IA
How long does it take to sell a home in Union County, IA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 37 Days | -48.9% |
Summary: Homes in Union County had an average of 37 days on market in Apr 2024, down by 48.9% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Union County; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.