Is Unionville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Unionville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Unionville was a Neutral Market.

Key Takeaway

Unionville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Unionville, IN

How much do homes in Unionville, IN cost?

Median Sold Price

$250,000

$120/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$690,000(-73.4%)

Key Takeaway

Homes in Unionville have sold for 73.4% less than they did a month ago.

Summary: The median home sold price in Unionville was $250,000 in May 2024, down 73.4% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 -$250K
N/A
4 $940K-
N/A
5+ --
N/A

Summary: Unionville 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Benton Township
-48.4%
Unionville
-73.4%

Housing Supply in Unionville, IN

How many homes are available in Unionville, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
715+114.3%

Summary: The Unionville real estate market had 15 homes for sale in May 2024, a 114.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 48
+100.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Unionville 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 increased by 150%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Unionville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Unionville in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Unionville, IN

How long does it take to sell a home in Unionville, IN?

Average Sale Time

Apr 2024May 2024CHANGE
4 Days77 Days+1825.0%

Summary: Homes in Unionville had an average of 77 days on market in May 2024, up by 1825% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Unionville has remained consistent over time.

Summary: During May 2024, 3 homes were sold in Unionville; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Unionville, IN

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