Is Union County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Union County was a Seller's Market.
Housing Prices in Union County, GA
How much do homes in Union County, GA cost?
Median Sold Price
$403,400
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Union County was $403,400 in March 2024, up 10.5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166K | $190K | +14.5% |
2 Bedrooms | $293K | $295K | +0.7% |
3 Bedrooms | $386.7K | $439.8K | +13.7% |
4 Bedrooms | $542.9K | $580K | +6.8% |
5+ Bedrooms | $635K | $700K | +10.2% |
Summary: Union County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Counties
White County | $320.6K | $357.7K | +11.6% |
Union County | $365K | $403.4K | +10.5% |
Towns County | $375K | $389.4K | +3.9% |
Lumpkin County | $353.2K | $363.5K | +2.9% |
Fannin County | $579.2K | $563.4K | -2.7% |
Housing Supply in Union County, GA
How many homes are available in Union County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
276 | 341 | +23.6% |
Summary: The Union County real estate market had 341 homes for sale in March 2024, a 23.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 28 | +33.3% |
2 Bedrooms | 59 | 81 | +37.3% |
3 Bedrooms | 127 | 148 | +16.5% |
4 Bedrooms | 50 | 59 | +18.0% |
5+ Bedrooms | 19 | 25 | +31.6% |
Summary: The Union County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 37.3%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 31.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 27 | +12.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Union County in March 2024, up by 12.5% month-over-month. Of the 22 sold homes, 86% were sold under asking, 9% were sold at asking, and 5% were sold over asking.
Days on Market for Union County, GA
How long does it take to sell a home in Union County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 56 Days | -16.9% |
Summary: Homes in Union County had an average of 56 days on market in Mar 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Union County; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.