Is North Union Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Union Township is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, North Union Township was a Neutral Market.

Key Takeaway

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

Housing Prices in North Union Township, PA

How much do homes in North Union Township, PA cost?

Median Sold Price

$158,750

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,250(+7.6%)

Key Takeaway

Homes in North Union Township have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in North Union Township was $158,750 in March 2024, up 7.6% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$24.9K
N/A
2 $132.5K$110K
-17.0%
3 $169.5K$192K
+13.3%
4 $82.5K$190K
+130.3%
5+ $185.7K$142.4K
-23.3%

Summary: North 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 17%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 130.3%, and 5+ bedroom homes decreased by 23.3%.

Median Sold Price Compared To Nearby Cities

Uniontown
+29.6%
North Union Township
+7.6%
South Union Township
-1.8%

Housing Supply in North Union Township, PA

How many homes are available in North Union Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2425+4.2%

Summary: The North Union Township real estate market had 25 homes for sale in March 2024, a 4.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1615
-6.3%
4 33
0.0%
5+ 11
0.0%

Summary: The North 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 increased by 50%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 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 North Union Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in North Union Township in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for North Union Township, PA

How long does it take to sell a home in North Union Township, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days161 Days+335.1%

Summary: Homes in North Union Township had an average of 161 days on market in Mar 2024, up by 335.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Union Township has remained consistent over time.

Summary: During March 2024, 3 homes were sold in North Union Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in North Union Township, PA

Nearby Markets to North Union Township, PA

What housing markets are near North Union Township, PA?