Is East Union Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Union Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, East Union Township was a Seller's Market.

Key Takeaway

East Union Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Union Township, OH

How much do homes in East Union Township, OH cost?

Median Sold Price

$201,625

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$8,375(-4.0%)

Key Takeaway

Homes in East Union Township have sold for 4% less than they did a year ago.

Summary: The median home sold price in East Union Township was $201,625 in May 2024, down 4% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $145K-
N/A
2 $100.5K$159.4K
+58.6%
3 $209.9K$205.3K
-2.2%
4 $293.7K$180K
-38.7%
5+ $633.2K$540K
-14.7%

Summary: East Union Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.6%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 38.7%, and 5+ bedroom homes decreased by 14.7%.

Median Sold Price Compared To Nearby Cities

East Union Township
-4.0%
Apple Creek
-5.6%
Green Township
-7.3%

Housing Supply in East Union Township, OH

How many homes are available in East Union Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1110-9.1%

Summary: The East Union Township real estate market had 10 homes for sale in May 2024, a 9.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 63
-50.0%
4 22
0.0%
5+ 13
+200.0%

Summary: The East Union Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 1 homes were sold or pending in East Union Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for East Union Township, OH

How long does it take to sell a home in East Union Township, OH?

Average Sale Time

May 2023May 2024CHANGE
4 Days11 Days+175.0%

Summary: Homes in East Union Township had an average of 11 days on market in May 2024, up by 175% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in East Union Township; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in East Union Township, OH

Nearby Markets to East Union Township, OH

What housing markets are near East Union Township, OH?