Is Unionville, NC 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, Unionville was a Seller's Market.
Key Takeaway
Unionville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Unionville, NC
How much do homes in Unionville, NC cost?
Median Sold Price
$410,892
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Unionville have sold for 12.8% less than they did a year ago.
Summary: The median home sold price in Unionville was $410,892 in March 2024, down 12.8% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $404.8K | N/A |
| 2 Bedrooms | $240.5K | $436.6K | +81.5% |
| 3 Bedrooms | $410K | $379.9K | -7.3% |
| 4 Bedrooms | $541.5K | $431.5K | -20.3% |
| 5+ Bedrooms | $559.9K | $615K | +9.8% |
Summary: Unionville 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 81.5%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Cities
| Monroe | $349.2K | $380K | +8.8% |
| Fairview | $500K | $539.5K | +7.9% |
| Monroe Township | $349.1K | $374.9K | +7.4% |
| Goose Creek Township | $485K | $516.5K | +6.5% |
| Unionville | $471.3K | $410.8K | -12.8% |
Housing Supply in Unionville, NC
How many homes are available in Unionville, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 37 | +19.4% |
Summary: The Unionville real estate market had 37 homes for sale in March 2024, a 19.4% 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 | 19 | 23 | +21.1% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Unionville 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 21.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Unionville, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Unionville in March 2024, down by 50.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Unionville, NC
How long does it take to sell a home in Unionville, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 78 Days | 34 Days | -55.7% |
Summary: Homes in Unionville had an average of 34 days on market in Mar 2024, down by 55.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Unionville has remained consistent over time.
Summary: During March 2024, 5 homes were sold in Unionville; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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