Is Union Mills, NC 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 Mills has remained a Seller's Market.
Housing Prices in Union Mills, NC
How much do homes in Union Mills, NC cost?
Median Sold Price
$389,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Union Mills was $389,000 in March 2024, up 19.7% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $335K | - | N/A |
2 Bedrooms | $320K | $362.5K | +13.3% |
3 Bedrooms | $364.5K | $385K | +5.6% |
4 Bedrooms | $401.5K | $649K | +61.6% |
5+ Bedrooms | - | $452.5K | N/A |
Summary: Union Mills 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 increased by 13.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 61.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Camp Creek Township | $225K | $371K | +64.9% |
Union Mills | $325K | $389K | +19.7% |
Gilkey Township | $293.9K | $352K | +19.7% |
Morgan Township | $350K | $330K | -5.7% |
Housing Supply in Union Mills, NC
How many homes are available in Union Mills, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Summary: The Union Mills real estate market had 12 homes for sale in March 2024, a 9.1% increase 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 | 2 | 2 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Union Mills 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Union Mills in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Union Mills, NC
How long does it take to sell a home in Union Mills, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
102 Days | 19 Days | -80.9% |
Summary: Homes in Union Mills had an average of 19 days on market in Mar 2024, down by 80.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Union Mills; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.