Is Union Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Union Township has remained a Seller's Market.
Key Takeaway
Union Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Union Township, PA
How much do homes in Union Township, PA cost?
Median Sold Price
$310,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Union Township have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in Union Township was $310,000 in May 2024, up 19.2% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $87.5K | -50.0% |
| 3 Bedrooms | $265K | $420K | +58.5% |
| 4 Bedrooms | $420K | $310K | -26.2% |
| 5+ Bedrooms | $685.5K | $340K | -50.4% |
Summary: Union Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 58.5%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes decreased by 50.4%.
Median Sold Price Compared To Nearby Cities
| Union Township | $260K | $310K | +19.2% |
| Monroe Township | $236.3K | $224.5K | -5.0% |
Housing Supply in Union Township, PA
How many homes are available in Union Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Union Township real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Union Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Union Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Union Township in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Union Township, PA
We’re sorry, we don't have information for this market at the moment
