Is Union Township, OH 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.
Housing Prices in Union Township, OH
How much do homes in Union Township, OH cost?
Median Sold Price
$243,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Union Township was $243,000 in May 2024, up 1.3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | - | N/A |
2 Bedrooms | $165K | $202.5K | +22.7% |
3 Bedrooms | $245K | $227.5K | -7.1% |
4 Bedrooms | $300K | $330K | +10.0% |
5+ Bedrooms | $432.5K | $362.5K | -16.2% |
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 increased by 22.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 16.2%.
Median Sold Price Compared To Nearby Cities
Bloomingburg | $135K | $192.5K | +42.6% |
Washington Court House | $168K | $200K | +19.0% |
Union Township | $240K | $243K | +1.3% |
Housing Supply in Union Township, OH
How many homes are available in Union Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Summary: The Union Township real estate market had 16 homes for sale in May 2024, a 23.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Union Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Union Township in May 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Union Township, OH
How long does it take to sell a home in Union Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 28 Days | -35.5% |
Summary: Homes in Union Township had an average of 28 days on market in May 2024, down by 35.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Union Township; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.