Is Union Township, 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 Township has remained a Buyer's Market.
Key Takeaway
Union Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Union Township, OH
How much do homes in Union Township, OH cost?
Median Sold Price
$254,750
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Union Township have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Union Township was $254,750 in March 2024, up 0.6% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365.5K | $259K | -29.1% |
| 3 Bedrooms | $230K | $215K | -6.5% |
| 4 Bedrooms | $320K | $304.9K | -4.7% |
| 5+ Bedrooms | $412.5K | $307.5K | -25.5% |
Summary: Union Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.1%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 25.5%.
Median Sold Price Compared To Nearby Cities
| Springfield Township | $160K | $179.7K | +12.4% |
| Union Township | $253.2K | $254.7K | +0.6% |
| Scioto Township | $195K | $194.5K | -0.3% |
| Green Township | $290.2K | $249.9K | -13.9% |
Housing Supply in Union Township, OH
How many homes are available in Union Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Union Township real estate market had 24 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Union Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Union Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Union Township, OH
How long does it take to sell a home in Union Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 116 Days | 7 Days | -93.7% |
Summary: Homes in Union Township had an average of 7 days on market in Mar 2024, down by 93.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Union Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 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.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved