Is Union City Township, OH 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 City Township has remained a Seller's Market.
Key Takeaway
Union City Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Union City Township, OH
How much do homes in Union City Township, OH cost?
Median Sold Price
$176,500
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Union City Township have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in Union City Township was $176,500 in May 2024, down 0.5% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $25K | - | N/A |
| 2 Bedrooms | $148.9K | $143.5K | -3.7% |
| 3 Bedrooms | $165K | $170K | +3.0% |
| 4 Bedrooms | $274.3K | $240K | -12.5% |
| 5+ Bedrooms | $252.9K | $355K | +40.3% |
Summary: Union City 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 decreased by 3.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 40.3%.
Median Sold Price Compared To Nearby Cities
| Clayton | $209.7K | $240K | +14.4% |
| Union Township | $200K | $212.5K | +6.3% |
| Butler Township | $260K | $270K | +3.8% |
| Union | $185.4K | $186.5K | +0.6% |
| Union City Township | $177.4K | $176.5K | -0.5% |
Housing Supply in Union City Township, OH
How many homes are available in Union City Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The Union City Township real estate market had 38 homes for sale in May 2024, a 5.0% decrease 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Union City 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 9 | -52.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union City Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Union City Township in May 2024, down by 52.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Union City Township, OH
How long does it take to sell a home in Union City Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 80 Days | 50 Days | -38.0% |
Summary: Homes in Union City Township had an average of 50 days on market in May 2024, down by 38% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Union City Township has remained consistent over time.
Summary: During May 2024, 9 homes were sold in Union City Township; 11% of homes were sold within 30 days, 78% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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