Is Union Vale, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Union Vale was a Neutral Market.
Housing Prices in Union Vale, NY
How much do homes in Union Vale, NY cost?
Median Sold Price
$577,500
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Union Vale was $577,500 in May 2024, up 19.7% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $285.1K | - | N/A |
3 Bedrooms | $430K | $615K | +43.0% |
4 Bedrooms | $550K | $560K | +1.8% |
5+ Bedrooms | $526.2K | - | N/A |
Summary: Union Vale 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 did not change, 3 bedroom homes increased by 43%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Union Vale | $482.5K | $577.5K | +19.7% |
Wingdale | $340K | $400K | +17.6% |
Dover Plains | $338.5K | $393.5K | +16.2% |
Lagrangeville | $460K | $523K | +13.7% |
Housing Supply in Union Vale, NY
How many homes are available in Union Vale, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Summary: The Union Vale real estate market had 20 homes for sale in May 2024, a 42.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 7 | 11 | +57.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Union Vale 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Union Vale in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Union Vale, NY
How long does it take to sell a home in Union Vale, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
91 Days | 83 Days | -8.8% |
Summary: Homes in Union Vale had an average of 83 days on market in May 2024, down by 8.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Union Vale; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.