Is Union County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Union County has remained a Seller's Market.
Housing Prices in Union County, OH
How much do homes in Union County, OH cost?
Median Sold Price
$326,313
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Union County was $326,313 in March 2024, up 3.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35.5K | $459.7K | +1194.9% |
2 Bedrooms | $176K | $198K | +12.5% |
3 Bedrooms | $289.5K | $300.6K | +3.9% |
4 Bedrooms | $374.5K | $416.5K | +11.2% |
5+ Bedrooms | $440K | $415K | -5.7% |
Summary: Union County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1194.9%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Counties
Delaware County | $438.2K | $468.9K | +7.0% |
Logan County | $225K | $238.3K | +5.9% |
Union County | $315.2K | $326.3K | +3.5% |
Marion County | $156.5K | $161.2K | +3.0% |
Champaign County | $217.5K | $219.6K | +1.0% |
Housing Supply in Union County, OH
How many homes are available in Union County, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
126 | 141 | +11.9% |
Summary: The Union County real estate market had 141 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 21 | 24 | +14.3% |
3 Bedrooms | 48 | 64 | +33.3% |
4 Bedrooms | 46 | 46 | 0.0% |
5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The Union County 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 increased by 14.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Union County in March 2024, down by 3.6% month-over-month. Of the 27 sold homes, 26% were sold under asking, 37% were sold at asking, and 37% were sold over asking.
Days on Market for Union County, OH
How long does it take to sell a home in Union County, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 22 Days | -3.4% |
Summary: Homes in Union County had an average of 22 days on market in Mar 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Union County; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.