Is Union City, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Union City was a Seller's Market.
Housing Prices in Union City, GA
How much do homes in Union City, GA cost?
Median Sold Price
$269,992
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Union City was $269,992 in June 2024, up 0.1% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $83.9K | $80K | -4.6% |
2 Bedrooms | $135.9K | $194K | +42.7% |
3 Bedrooms | $259.3K | $247K | -4.8% |
4 Bedrooms | $340.2K | $326.4K | -4.0% |
5+ Bedrooms | $411.6K | $390.5K | -5.1% |
Summary: Union City housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes increased by 42.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Cities
Union City | $269.8K | $269.9K | 0.1% |
Fairburn-Union City | $284.8K | $285K | 0.0% |
Fairburn | $345.4K | $345K | -0.1% |
College Park | $373.4K | $365K | -2.3% |
Housing Supply in Union City, GA
How many homes are available in Union City, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
165 | 194 | +17.6% |
Summary: The Union City real estate market had 194 homes for sale in June 2024, a 17.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 78 | 83 | +6.4% |
4 Bedrooms | 53 | 70 | +32.1% |
5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The Union City housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
40 | 21 | -47.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Union City in June 2024, down by 47.5% month-over-month. Of the 17 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% were sold over asking.
Days on Market for Union City, GA
How long does it take to sell a home in Union City, GA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
29 Days | 43 Days | +48.1% |
Summary: Homes in Union City had an average of 43 days on market in Jun 2024, up by 48.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 21 homes were sold in Union City; 48% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.