$125,000
4.50 Acres
Land
JENNIFER S WHITEHEAD, Listing Office: ENGEL & VOLKERS GAINESVILLE
Is Union County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Union County was a Seller's Market.
Key Takeaway
Union County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Union County, FL
How much do homes in Union County, FL cost?
Median Sold Price
$286,775
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$36,875(+14.8%)
Key Takeaway
Homes in Union County have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in Union County was $286,775 in September 2024, up 14.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.9K | $177.5K | +4.4% |
| 3 Bedrooms | $242.5K | $290K | +19.6% |
| 4 Bedrooms | $309.5K | $325K | +5.0% |
| 5+ Bedrooms | $490K | $519.9K | +6.1% |
Summary: Union County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Counties
| Union County | $249.9K | $286.7K | +14.8% |
| Columbia County | $275K | $290K | +5.5% |
| Bradford County | $225K | $235K | +4.4% |
| Alachua County | $314.9K | $320.3K | +1.7% |
| Baker County | $289.9K | $281.9K | -2.8% |
Housing Supply in Union County, FL
How many homes are available in Union County, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Union County real estate market had 14 homes for sale in September 2024, a 17.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Union County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Union County in September 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Union County, FL
How long does it take to sell a home in Union County, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 22 Days | 18 Days | -19.6% |
Summary: Homes in Union County had an average of 18 days on market in Sep 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Union County are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Union County; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.