Is Union County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Union County has remained a Seller's Market.
Housing Prices in Union County, AR
How much do homes in Union County, AR cost?
Median Sold Price
$244,000
$89/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Union County was $244,000 in May 2024, up 177.3% from last month, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $68K | N/A |
2 Bedrooms | $88K | $65K | -26.1% |
3 Bedrooms | $68K | $140K | +105.9% |
4 Bedrooms | $275K | $350K | +27.3% |
5+ Bedrooms | $52K | $527.9K | +915.3% |
Summary: Union County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.1%, 3 bedroom homes increased by 105.9%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 915.3%.
Median Sold Price Compared To Nearby Counties
Union County | $88K | $244K | +177.3% |
Ouachita County | $113.8K | $162.7K | +43.0% |
Housing Supply in Union County, AR
How many homes are available in Union County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
107 | 99 | -7.5% |
Summary: The Union County real estate market had 99 homes for sale in May 2024, a 7.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 49 | 45 | -8.2% |
4 Bedrooms | 31 | 30 | -3.2% |
5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Union County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 29 | +52.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Union County in May 2024, up by 52.6% month-over-month. Of the 25 sold homes, 52% were sold under asking, 28% were sold at asking, and 20% were sold over asking.
Days on Market for Union County, AR
We’re sorry, we don't have information for this market at the moment