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 February 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

$550,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$70,500(+14.7%)

Key Takeaway

Homes in Union Vale have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in Union Vale was $550,000 in February 2024, up 14.7% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $310.2K$335.2K
+8.1%
3 $425K$577.5K
+35.9%
4 $586.2K$562.5K
-4.1%
5+ $559.5K$672.5K
+20.2%

Summary: Union Vale housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 35.9%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 20.2%.

Median Sold Price Compared To Nearby Cities

Union Vale
+14.7%
Lagrangeville
+4.1%

Housing Supply in Union Vale, NY

How many homes are available in Union Vale, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
78+14.3%

Summary: The Union Vale real estate market had 8 homes for sale in February 2024, a 14.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Union Vale housing inventory by bedroom type for February 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Vale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Union Vale in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Feb 2023Feb 2024CHANGE
73 Days78 Days+6.8%

Summary: Homes in Union Vale had an average of 78 days on market in Feb 2024, up by 6.8% compared to last year.

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

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 February 2024, 2 homes were sold in Union Vale; 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.

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

Report Updated 3 Days Ago

Newest Listings in Union Vale, NY

Nearby Markets to Union Vale, NY

What housing markets are near Union Vale, NY?