Is Union County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Union County has remained a Buyer's Market.
Housing Prices in Union County, IA
How much do homes in Union County, IA cost?
Median Sold Price
$155,000
$124/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Union County was $155,000 in March 2024, down 9% from last month, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $65K | - | N/A |
3 Bedrooms | $109.5K | $152.5K | +39.3% |
4 Bedrooms | $231.2K | $225K | -2.7% |
5+ Bedrooms | $384K | - | N/A |
Summary: Union County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 39.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.
Housing Supply in Union County, IA
How many homes are available in Union County, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 23 | -20.7% |
Summary: The Union County real estate market had 23 homes for sale in March 2024, a 20.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Union County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Union County in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Union County, IA
How long does it take to sell a home in Union County, IA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
108 Days | 78 Days | -27.3% |
Summary: Homes in Union County had an average of 78 days on market in Mar 2024, down by 27.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Union County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.