Is Union Square, MD 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 Square has remained a Buyer's Market.
Housing Prices in Union Square, MD
How much do homes in Union Square, MD cost?
Median Sold Price
$240,000
$111/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Union Square was $240,000 in April 2024, up 59.5% from last month, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $240K | N/A |
4 Bedrooms | $150.5K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Union Square housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Union Square | $150.5K | $240K | +59.5% |
Franklin Square | $163K | $63K | -61.3% |
Housing Supply in Union Square, MD
How many homes are available in Union Square, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Summary: The Union Square real estate market had 17 homes for sale in April 2024, a 5.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Union Square housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Union Square in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Union Square, MD
How long does it take to sell a home in Union Square, MD?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 62 Days | -1.6% |
Summary: Homes in Union Square had an average of 62 days on market in Apr 2024, down by 1.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Union Square; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.