Is Union, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Union was a Seller's Market.
Housing Prices in Union, WA
How much do homes in Union, WA cost?
Median Sold Price
$509,500
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Union was $509,500 in April 2024, up 6.1% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $700K | +185.7% |
2 Bedrooms | $515K | $425K | -17.5% |
3 Bedrooms | $452.4K | $570K | +26.0% |
4 Bedrooms | $562.5K | $445K | -20.9% |
5+ Bedrooms | $900K | - | N/A |
Summary: Union housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 185.7%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 26%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Union | $479.9K | $509.5K | +6.1% |
Belfair | $440K | $455.5K | +3.5% |
Union-Grapeview | $450K | $465K | +3.3% |
Grapeview | $525K | $465K | -11.4% |
Housing Supply in Union, WA
How many homes are available in Union, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 26 | +44.4% |
Summary: The Union real estate market had 26 homes for sale in April 2024, a 44.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Union housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Union in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Union, WA
How long does it take to sell a home in Union, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 225 Days | +312.0% |
Summary: Homes in Union had an average of 225 days on market in Apr 2024, up by 312% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Union; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.