Is Union City, GA 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 December 2020

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, GA cost?

Median Sold Price

$220,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$47,591(+27.6%)

Key Takeaway

Homes in Union City have sold for 27.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $31.2K$47K
+50.4%
2 $56K$106.2K
+89.7%
3 $163.4K$200K
+22.3%
4 $194K$261.6K
+34.8%
5+ $262.7K$345K
+31.3%

Median Sold Price Compared To Nearby Cities

Union City
+27.6%
Fairburn-Union City
+27.0%
Fairburn
+24.7%
College Park
+23.5%

How many homes are available in Union City, GA?

Number of Homes For Sale

Nov 2021Dec 2021%
126129+2.4%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 22
0.0%
2 99
0.0%
3 6667
+1.5%
4 3235
+9.4%
5+ 1716
-5.9%

Number of Homes Sold

Nov 2021Dec 2021%
3365+97.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union City, you could pay more than the asking price. 57.7% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
37 Days14 Days-60.8%

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 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.

About Union City, GA

Number of homes for sale in Union City, GA real estate market have reached 129. The inventory of homes for sale in Union City, GA between November 2021 and December 2021 increased by 2.4%. In December 2021, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $220,000. Real estate listing prices changed between November 2021 and December 2021: prices of 1 bedroom properties increased by 50.4%, 2 bedrooms properties became 89.7% more expensive, prices of 3 bedrooms properties increased by 22.3%, 4 bedrooms properties became 34.8% more expensive, prices of 5 bedrooms properties went up by 31.3%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory increased by 1.5%, the quantity of 4 bedrooms homes went up by 9.4%, 5 bedrooms homes inventory decreased by 5.9%. In December 2021 more than 30 listings in Union City, GA were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 6 were sold below.

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