Is Union Township, PA 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, PA
How much do homes in Union Township, PA cost?
Median Sold Price
$374,250
$200/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 $374,250 in May 2024, up 5.4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $239.9K | N/A |
2 Bedrooms | $262.5K | $245K | -6.7% |
3 Bedrooms | $325K | $343.5K | +5.7% |
4 Bedrooms | $605.9K | $532.4K | -12.1% |
5+ Bedrooms | $602.9K | $750K | +24.4% |
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 decreased by 6.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 24.4%.
Median Sold Price Compared To Nearby Cities
Amity Township | $391K | $430K | +10.0% |
Union Township | $355K | $374.2K | +5.4% |
Birdsboro | $305K | $318K | +4.3% |
Douglassville | $416.5K | $425.4K | +2.1% |
Housing Supply in Union Township, PA
How many homes are available in Union Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Summary: The Union Township real estate market had 4 homes for sale in May 2024, a 50.0% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Union Township in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Union Township, PA
How long does it take to sell a home in Union Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 24 Days | -36.8% |
Summary: Homes in Union Township had an average of 24 days on market in May 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Union Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.