Housing Prices in Union City, NJ
How much do homes in Union City, NJ cost?
Median List Price
$579,000
$445/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Union City has increased by 5.5% since April.
Summary: The median home list price in Union City was $579,000 in May 2024, up 5.5% from the previous month, and the median price per square foot was $445.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $270K | -1.8% |
| 2 Bedrooms | $514.5K | $450K | -12.5% |
| 3 Bedrooms | $574.4K | $600K | +4.4% |
| 4 Bedrooms | $495K | $499.9K | +1.0% |
| 5+ Bedrooms | $1.0M | $799.5K | -23.9% |
Summary: Union City housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 23.9%.
Median List Price Compared To Nearby Cities
| Union City | $549K | $579K | +5.5% |
| Weehawken | $1.2M | $1.2M | -4.0% |
| Weehawken Township | $1.3M | $1.2M | -8.2% |
Housing Supply in Union City, NJ
How many homes are available in Union City, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 39 | +56.0% |
Summary: The Union City real estate market had 39 homes for sale in May 2024, a 56.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 8 | 13 | +62.5% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Union City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 66.7%.
Days on Market for Union City, NJ
How long does it take to sell a home in Union City, NJ?
Average Listing Age
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 101 Days | 88 Days | -13.2% |
Summary: Homes in Union City had an average listing age of 88 days in May 2024, down by 13.2% compared to the previous month.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.