Is Union City, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union City is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Union City has remained a Seller's Market.

Key Takeaway

Union City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Union City, CA cost?

Median Sold Price

$1,065,000

$703/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$32,500(+3.1%)

Key Takeaway

Homes in Union City have sold for 3.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $465.2K$420K
-9.7%
2 $570K$575K
+0.9%
3 $975K$1.1M
+15.8%
4 $1.3M$1.4M
+10.9%
5+ $1.3M$1.7M
+28.4%

Median Sold Price Compared To Nearby Cities

Fremont
+12.8%
Hayward
+9.4%
Union City
+3.1%

How many homes are available in Union City, CA?

Number of Homes For Sale

Aug 2022Sep 2022%
3236+12.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 67
+16.7%
3 910
+11.1%
4 1214
+16.7%
5+ 55
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
119-18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union City, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
11 Days23 Days+112.9%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Union City are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Union City, CA

Union City, CA has 36 homes on the market. The number of listings in Union City, CA increased by 12.5% between August 2022 and September 2022. Listings spent 23 days on the market in September 2022, and had a median list price of $1,065,000 during the same period. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties went down by 9.7%, the cost of 2 bedrooms properties went up by 0.9%, the cost of 3 bedrooms properties went up by 15.8%, prices of 4 bedrooms properties increased by 10.9%, 5 bedrooms properties prices increased by 28.4%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 16.7%, 3 bedrooms homes inventory increased by 11.1%, 4 bedrooms homes inventory increased by 16.7%, 5 bedrooms homes did not move. Union City, CA housing market in September 2022 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 5 sold below.

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