Is Union Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Union Township has remained a Seller's Market.
Housing Prices in Union Township, NC
How much do homes in Union Township, NC cost?
Median Sold Price
$291,950
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Union Township was $291,950 in May 2024, up 28.3% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $365K | N/A |
2 Bedrooms | $200K | $297.5K | +48.8% |
3 Bedrooms | $231.6K | $237.5K | +2.5% |
4 Bedrooms | $227.5K | $1.0M | +339.6% |
5+ Bedrooms | - | - | N/A |
Summary: Union Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 339.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Union Township | $227.5K | $291.9K | +28.3% |
Island Creek Township | $199.9K | $252K | +26.1% |
Wallace | $215K | $264K | +22.8% |
Willard | $220K | $265K | +20.5% |
Housing Supply in Union Township, NC
How many homes are available in Union Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Summary: The Union Township real estate market had 10 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Union Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Union Township in May 2024, the same as the previous 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 Union Township, NC
How long does it take to sell a home in Union Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 7 Days | -54.3% |
Summary: Homes in Union Township had an average of 7 days on market in May 2024, down by 54.3% 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
Summary: During May 2024, 2 homes were sold in Union Township; 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.