Is Union Vale, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Vale is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Union Vale has remained a Seller's Market.

Key Takeaway

Union Vale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Union Vale, NY

How much do homes in Union Vale, NY cost?

Median Sold Price

$577,500

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$65,000(+12.7%)

Key Takeaway

Homes in Union Vale have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in Union Vale was $577,500 in June 2024, up 12.7% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $285.1K-
N/A
3 $425K$640K
+50.6%
4 $562.5K$567.5K
+0.9%
5+ $672.5K-
N/A

Summary: Union Vale housing prices by bedroom type for June 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 increased by 50.6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Vale
+12.7%
Wingdale
+9.6%
Lagrangeville
+3.2%

Housing Supply in Union Vale, NY

How many homes are available in Union Vale, NY?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1822+22.2%

Summary: The Union Vale real estate market had 22 homes for sale in June 2024, a 22.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 1013
+30.0%
5+ 22
0.0%

Summary: The Union Vale housing inventory by bedroom type for June 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 increased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Vale, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Union Vale in June 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Union Vale, NY

How long does it take to sell a home in Union Vale, NY?

Average Sale Time

Jun 2023Jun 2024CHANGE
42 Days23 Days-45.2%

Summary: Homes in Union Vale had an average of 23 days on market in Jun 2024, down by 45.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Union Vale are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 4 homes were sold in Union Vale; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Union Vale, NY

Nearby Markets to Union Vale, NY

What housing markets are near Union Vale, NY?