Is Union City, GA 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 City has remained a Seller's Market.
Housing Prices in Union City, GA
How much do homes in Union City, GA cost?
Median Sold Price
$267,850
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Union City was $267,850 in April 2024, down 3.2% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.4K | $80.5K | -28.4% |
2 Bedrooms | $130K | $207K | +59.2% |
3 Bedrooms | $257.1K | $243K | -5.5% |
4 Bedrooms | $340.2K | $333K | -2.1% |
5+ Bedrooms | $447.2K | $388K | -13.2% |
Summary: Union City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes increased by 59.2%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 13.2%.
Median Sold Price Compared To Nearby Cities
Fairburn | $340K | $347.3K | +2.2% |
College Park | $372K | $373K | 0.3% |
Fairburn-Union City | $285.1K | $282.1K | -1.1% |
Union City | $276.6K | $267.8K | -3.2% |
Housing Supply in Union City, GA
How many homes are available in Union City, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
195 | 200 | +2.6% |
Summary: The Union City real estate market had 200 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 96 | 105 | +9.4% |
4 Bedrooms | 54 | 56 | +3.7% |
5+ Bedrooms | 27 | 21 | -22.2% |
Summary: The Union City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 36 | -23.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Union City in April 2024, down by 23.4% month-over-month. Of the 34 sold homes, 38% were sold under asking, 44% were sold at asking, and 18% were sold over asking.
Days on Market for Union City, GA
How long does it take to sell a home in Union City, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 28 Days | -17.8% |
Summary: Homes in Union City had an average of 28 days on market in Apr 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Union City; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.