Is Union County, 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, Union County was a Buyer's Market.
Key Takeaway
Union County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Union County, PA
How much do homes in Union County, PA cost?
Median Sold Price
$283,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Union County have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Union County was $283,000 in March 2024, up 0.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $170K | -1.4% |
| 2 Bedrooms | $180.9K | $216K | +19.4% |
| 3 Bedrooms | $269.9K | $255K | -5.5% |
| 4 Bedrooms | $357.5K | $365K | +2.1% |
| 5+ Bedrooms | $301.2K | $438K | +45.4% |
Summary: Union County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 19.4%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 45.4%.
Median Sold Price Compared To Nearby Counties
| Centre County | $336.8K | $349.6K | +3.8% |
| Northumberland County | $130K | $130.9K | +0.8% |
| Union County | $281K | $283K | +0.7% |
| Snyder County | $222.5K | $216.3K | -2.8% |
Housing Supply in Union County, PA
How many homes are available in Union County, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 104 | 124 | +19.2% |
Summary: The Union County real estate market had 124 homes for sale in March 2024, a 19.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 46 | 51 | +10.9% |
| 4 Bedrooms | 28 | 38 | +35.7% |
| 5+ Bedrooms | 23 | 27 | +17.4% |
Summary: The Union County 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 increased by 10.9%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 19 | +171.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union County, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Union County in March 2024, up by 171.4% month-over-month. Of the 19 sold homes, 63% were sold under asking, 5% were sold at asking, and 32% were sold over asking.
Days on Market for Union County, PA
How long does it take to sell a home in Union County, PA?
Breakdown of Home Sale Times
2 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 County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 19 homes were sold in Union County; 11% 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.
