Is Union County, IL 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 County has remained a Seller's Market.
Housing Prices in Union County, IL
How much do homes in Union County, IL cost?
Median Sold Price
$131,500
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Union County was $131,500 in April 2024, up 8.9% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $61K | $70K | +14.8% |
3 Bedrooms | $139.9K | $149K | +6.5% |
4 Bedrooms | $175K | $214.5K | +22.6% |
5+ Bedrooms | $355K | $345K | -2.8% |
Summary: Union County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Counties
Johnson County | $150K | $194K | +29.3% |
Union County | $120.7K | $131.5K | +8.9% |
Jackson County | $123K | $129.8K | +5.6% |
Housing Supply in Union County, IL
How many homes are available in Union County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 67 | +24.1% |
Summary: The Union County real estate market had 67 homes for sale in April 2024, a 24.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 24 | 33 | +37.5% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Union County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 16 | +166.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Union County in April 2024, up by 166.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Union County, IL
How long does it take to sell a home in Union County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
88 Days | 84 Days | -3.5% |
Summary: Homes in Union County had an average of 84 days on market in Apr 2024, down by 3.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Union County; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.