Is Union, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Union has remained a Seller's Market.

Key Takeaway

Union is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Union, WI

How much do homes in Union, WI cost?

Median Sold Price

$76,000

$59/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$94,000(-55.3%)

Key Takeaway

Homes in Union have sold for 55.3% less than they did a month ago.

Summary: The median home sold price in Union was $76,000 in April 2024, down 55.3% from last month, and the median price per square foot was $59.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $170K$76K
-55.3%
4 --
N/A
5+ --
N/A

Summary: Union housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 55.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Union, WI

How many homes are available in Union, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Union real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 13
+200.0%
5+ 00
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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Union in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Union, WI

How long does it take to sell a home in Union, WI?

Average Sale Time

Mar 2024Apr 2024CHANGE
5 Days4 Days-20.0%

Summary: Homes in Union had an average of 4 days on market in Apr 2024, down by 20% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Union are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Union; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Union, WI

Nearby Markets to Union, WI

What housing markets are near Union, WI?