Is Union, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Union has remained a Seller's Market.
Housing Prices in Union, OH
How much do homes in Union, OH cost?
Median Sold Price
$190,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Union was $190,000 in February 2024, up 5.6% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $149.9K | $150.6K | 0.5% |
3 Bedrooms | $175K | $183K | +4.6% |
4 Bedrooms | $277.5K | $231.5K | -16.6% |
5+ Bedrooms | $385K | $252.9K | -34.3% |
Summary: Union 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 0.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes decreased by 34.3%.
Median Sold Price Compared To Nearby Cities
West Milton | $167.5K | $187K | +11.6% |
Clayton | $208.9K | $229K | +9.6% |
Union | $180K | $190K | +5.6% |
Union Township | $190K | $199.9K | +5.2% |
Union City Township | $180K | $175.9K | -2.3% |
Housing Supply in Union, OH
How many homes are available in Union, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
28 | 32 | +14.3% |
Summary: The Union real estate market had 32 homes for sale in February 2024, a 14.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Union 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 increased by 50%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Union in February 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Union, OH
How long does it take to sell a home in Union, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
103 Days | 49 Days | -51.7% |
Summary: Homes in Union had an average of 49 days on market in Feb 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in Union; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.