Is Unionville, TN 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, Unionville was a Buyer's Market.
Key Takeaway
Unionville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Unionville, TN
How much do homes in Unionville, TN cost?
Median Sold Price
$363,500
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Unionville have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Unionville was $363,500 in May 2024, up 3.9% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $439.9K | $249.9K | -43.2% |
| 3 Bedrooms | $349.5K | $359.9K | +3.0% |
| 4 Bedrooms | $497.4K | $400K | -19.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Unionville 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 decreased by 43.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Unionville | $349.7K | $363.5K | +3.9% |
| Rockvale | $474.5K | $439.9K | -7.3% |
Housing Supply in Unionville, TN
How many homes are available in Unionville, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Unionville real estate market had 10 homes for sale in May 2024, a 9.1% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Unionville, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Unionville in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Unionville, TN
How long does it take to sell a home in Unionville, TN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 1 Day | 14 Days | +1333.3% |
Summary: Homes in Unionville had an average of 14 days on market in May 2024, up by 1333.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Unionville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Unionville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.