Is South Union Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, South Union Township was a Seller's Market.
Housing Prices in South Union Township, PA
How much do homes in South Union Township, PA cost?
Median Sold Price
$216,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in South Union Township was $216,000 in March 2024, down 1.8% 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 | $70K | - | N/A |
2 Bedrooms | $168K | $120K | -28.6% |
3 Bedrooms | $190K | $233.7K | +23.0% |
4 Bedrooms | $313.5K | $320K | +2.1% |
5+ Bedrooms | $251K | $344.5K | +37.3% |
Summary: South 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 28.6%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 37.3%.
Median Sold Price Compared To Nearby Cities
Uniontown | $125K | $162K | +29.6% |
North Union Township | $147.5K | $158.7K | +7.6% |
South Union Township | $220K | $216K | -1.8% |
Hopwood | $220.1K | $197K | -10.5% |
Housing Supply in South Union Township, PA
How many homes are available in South Union Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Summary: The South Union Township real estate market had 31 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 20 | 18 | -10.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The South Union Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in South Union Township in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for South Union Township, PA
How long does it take to sell a home in South Union Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
116 Days | 4 Days | -96.1% |
Summary: Homes in South Union Township had an average of 4 days on market in Mar 2024, down by 96.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in South 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.