Is Union Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Union Park has remained a Seller's Market.
Housing Prices in Union Park, FL
How much do homes in Union Park, FL cost?
Median Sold Price
$397,499
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Union Park was $397,499 in April 2024, up 1.2% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179K | $175K | -2.2% |
2 Bedrooms | $250.6K | $265K | +5.7% |
3 Bedrooms | $365K | $375.8K | +3.0% |
4 Bedrooms | $470K | $479.8K | +2.1% |
5+ Bedrooms | $563K | $610K | +8.3% |
Summary: Union Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
Orlando | $362K | $381K | +5.3% |
Casselberry-Altamonte Springs | $354.5K | $368.6K | +4.0% |
East Orange | $520.5K | $530K | +1.8% |
Union Park | $392.7K | $397.4K | +1.2% |
Housing Supply in Union Park, FL
How many homes are available in Union Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
649 | 654 | +0.8% |
Summary: The Union Park real estate market had 654 homes for sale in April 2024, a 0.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 63 | 61 | -3.2% |
3 Bedrooms | 299 | 308 | +3.0% |
4 Bedrooms | 215 | 210 | -2.3% |
5+ Bedrooms | 64 | 67 | +4.7% |
Summary: The Union Park 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 decreased by 3.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 4.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
182 | 167 | -8.2% |
Asking Price vs. Sold Price
88 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 167 homes were sold or pending in Union Park in April 2024, down by 8.2% month-over-month. Of the 167 sold homes, 53% were sold under asking, 28% were sold at asking, and 20% were sold over asking.
Days on Market for Union Park, FL
How long does it take to sell a home in Union Park, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 33 Days | +11.8% |
Summary: Homes in Union Park had an average of 33 days on market in Apr 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
108 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During April 2024, 167 homes were sold in Union Park; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.