Is Union Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Union Township was a Buyer's Market.
Housing Prices in Union Township, PA
How much do homes in Union Township, PA cost?
Median Sold Price
$129,750
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Union Township was $129,750 in February 2024, up 5.1% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $101.7K | $115K | +13.0% |
3 Bedrooms | $134.9K | $143.2K | +6.2% |
4 Bedrooms | $187K | $137.3K | -26.6% |
5+ Bedrooms | - | - | N/A |
Summary: Union Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 26.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
New Castle | $70K | $125K | +78.6% |
Union Township | $123.5K | $129.7K | +5.1% |
Neshannock Township | $222.5K | $218.7K | -1.7% |
Edinburg | $172.7K | $168.9K | -2.2% |
Mahoning Township | $170.5K | $165K | -3.2% |
Housing Supply in Union Township, PA
How many homes are available in Union Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The Union Township real estate market had 20 homes for sale in February 2024, a 5.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Union Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Union Township in February 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Union Township, PA
How long does it take to sell a home in Union Township, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
134 Days | 87 Days | -34.7% |
Summary: Homes in Union Township had an average of 87 days on market in Feb 2024, down by 34.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 4 homes were sold in Union Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.