Is Union Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Park is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Union Park, FL cost?

Median Sold Price

$345,048

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$63,183(+22.4%)

Key Takeaway

Homes in Union Park have sold for 22.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $111K$139.9K
+26.0%
2 $172K$208.7K
+21.4%
3 $262K$320K
+22.1%
4 $331.3K$401.3K
+21.1%
5+ $390K$492K
+26.2%

Median Sold Price Compared To Nearby Cities

Union Park
+22.4%
East Orange
+21.0%
Casselberry-Altamonte Springs
+18.5%
Orlando
+10.1%

How many homes are available in Union Park, FL?

Number of Homes For Sale

Mar 2022Apr 2022%
624572-8.3%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 65
-16.7%
2 5959
0.0%
3 303266
-12.2%
4 191176
-7.9%
5+ 6566
+1.5%

Number of Homes Sold

Mar 2022Apr 2022%
261234-10.3%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

157 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Park, you could pay more than the asking price. 67.1% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
11 Days10 Days-9.7%

Breakdown of Home Sale Times

214 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Union Park 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 Park, FL

Number of homes for sale in Union Park, FL real estate market have reached 572. Between March 2022 and April 2022, Union Park, FL real estate market has seen decrease in the number of listings by 8.3%. Listings spent 10 days on the market in April 2022, and had a median list price of $345,048 during the same period. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 26%, prices of 2 bedrooms properties went up by 21.4%, the cost of 3 bedrooms properties went up by 22.1%, prices of 4 bedrooms properties went up by 21.1%, prices of 5 bedrooms properties went up by 26.2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 16.7% less available, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory decreased by 12.2%, number of 4 bedrooms homes decreased by 7.9%, volume of 5 bedrooms homes went up by 1.5%. While more than 157 listings in Union Park, FL in April 2022 were sold above asking price, there were more than 29 listings sold at asking price, and more than 48 were sold below.

Related Housing Market Reports