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

Housing Market Conditions



Gauge showing Union City is a seller's market


Difference Since January 2023

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.

Housing Prices in Union City, CA

How much do homes in Union City, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Union City have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Union City was $1,200,000 in January 2024, up 3.3% from last year, and the median price per square foot was $741.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $449K$455K
2 $600K$595K
3 $1.1M$1.1M
4 $1.4M$1.4M
5+ $1.8M$1.6M

Summary: Union City housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 10.1%.

Median Sold Price Compared To Nearby Cities

Union City

Housing Supply in Union City, CA

How many homes are available in Union City, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Union City real estate market had 36 homes for sale in January 2024, a 12.5% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 10
2 94
3 1315
4 612
5+ 35

Summary: The Union City housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 55.6%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Union City in January 2024, down by 37.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.

Days on Market for Union City, CA

How long does it take to sell a home in Union City, CA?

Average Sale Time

Jan 2023Jan 2024CHANGE
50 Days20 Days-60.1%

Summary: Homes in Union City had an average of 20 days on market in Jan 2024, down by 60.1% compared to last year.

Breakdown of Home Sale Times

7 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.

Summary: During January 2024, 10 homes were sold in Union City; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in Union City, CA

Nearby Markets to Union City, CA

What housing markets are near Union City, CA?