Is Union, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Union has remained a Buyer's Market.
Housing Prices in Union, KY
How much do homes in Union, KY cost?
Median Sold Price
$564,604
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Union was $564,604 in March 2024, up 50.6% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199K | - | N/A |
3 Bedrooms | $465.4K | - | N/A |
4 Bedrooms | $408K | $559.8K | +37.2% |
5+ Bedrooms | $375K | $650K | +73.3% |
Summary: Union housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 37.2%, and 5+ bedroom homes increased by 73.3%.
Housing Supply in Union, KY
How many homes are available in Union, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,507 | 1,504 | -0.2% |
Summary: The Union real estate market had 1,504 homes for sale in March 2024, a 0.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 133 | 134 | +0.8% |
3 Bedrooms | 403 | 401 | -0.5% |
4 Bedrooms | 785 | 784 | -0.1% |
5+ Bedrooms | 185 | 184 | -0.5% |
Summary: The Union 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 increased by 0.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 0.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Union in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Union, KY
How long does it take to sell a home in Union, KY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Union; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.