Is Union County, SC 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 County was a Neutral Market.
Housing Prices in Union County, SC
How much do homes in Union County, SC cost?
Median Sold Price
$165,000
$117/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 $165,000 in April 2024, up 6.5% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.5K | $45K | -65.0% |
2 Bedrooms | $117.5K | $104.2K | -11.3% |
3 Bedrooms | $159.9K | $167.5K | +4.7% |
4 Bedrooms | $199.2K | $250K | +25.5% |
5+ Bedrooms | $375K | $202K | -46.1% |
Summary: Union County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes decreased by 46.1%.
Median Sold Price Compared To Nearby Counties
Cherokee County | $199.9K | $219.9K | +10.0% |
Spartanburg County | $260.3K | $278.1K | +6.9% |
Union County | $155K | $165K | +6.5% |
Laurens County | $217K | $212.8K | -1.9% |
Housing Supply in Union County, SC
How many homes are available in Union County, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 84 | +15.1% |
Summary: The Union County real estate market had 84 homes for sale in April 2024, a 15.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 23 | 31 | +34.8% |
3 Bedrooms | 33 | 36 | +9.1% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 0 | 0 | 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 remained the same, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Union County in April 2024, up by 12.5% month-over-month. Of the 17 sold homes, 71% were sold under asking, 6% were sold at asking, and 24% were sold over asking.
Days on Market for Union County, SC
How long does it take to sell a home in Union County, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 32 Days | -15.2% |
Summary: Homes in Union County had an average of 32 days on market in Apr 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Union County; 39% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.