Is Union, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Union was a Neutral Market.
Housing Prices in Union, SC
How much do homes in Union, SC cost?
Median Sold Price
$165,800
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Union was $165,800 in April 2024, up 3.7% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $32K | $41.2K | +28.9% |
2 Bedrooms | $85.2K | $110K | +29.0% |
3 Bedrooms | $162.4K | $163.7K | +0.8% |
4 Bedrooms | $199.2K | $239.5K | +20.2% |
5+ Bedrooms | $325K | $351K | +8.0% |
Summary: Union housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.9%, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 8%.
Housing Supply in Union, SC
How many homes are available in Union, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 53 | +12.8% |
Summary: The Union real estate market had 53 homes for sale in April 2024, a 12.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 16 | +45.5% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Union housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 45.5%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Union in April 2024, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Union, SC
How long does it take to sell a home in Union, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 15 Days | -55.1% |
Summary: Homes in Union had an average of 15 days on market in Apr 2024, down by 55.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Union; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.