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 February 2022

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

$287,050

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$56,984(+24.8%)

Key Takeaway

Homes in Union City have sold for 24.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $47K$84.4K
+79.7%
2 $135K$138K
+2.2%
3 $214.4K$252K
+17.5%
4 $282.2K$344.9K
+22.2%
5+ $362K$438.4K
+21.1%

Median Sold Price Compared To Nearby Cities

Union City
+24.8%
Fairburn-Union City
+17.5%
College Park
+10.7%
Fairburn
+7.5%

How many homes are available in Union City, GA?

Number of Homes For Sale

Jan 2023Feb 2023%
9299+7.6%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 22
0.0%
2 1415
+7.1%
3 4752
+10.6%
4 2021
+5.0%
5+ 99
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
1523+53.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were 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. 50% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
10 Days29 Days+167.4%

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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.

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

About Union City, GA

Union City, GA has 99 homes for sale to choose from. The number of listings in Union City, GA increased by 7.6% between January 2023 and February 2023. While the average time on the market in February 2023 was 29 days, the median list price was $287,050. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties prices increased by 79.7%, 2 bedrooms properties prices increased by 2.2%, 3 bedrooms properties prices increased by 17.5%, prices of 4 bedrooms properties increased by 22.2%, prices of 5 bedrooms properties went up by 21.1%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went up by 7.1%, number of 3 bedrooms homes increased by 10.6%, the quantity of 4 bedrooms homes went up by 5%, 5 bedrooms homes inventory did not change. In February 2023 more than 7 listings in Union City, GA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 10 were sold below.

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