Is Union County, GA 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 County was a Seller's Market.
Housing Prices in Union County, GA
How much do homes in Union County, GA cost?
Median Sold Price
$406,166
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Union County was $406,166 in April 2024, up 11.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $162K | $199.5K | +23.1% |
2 Bedrooms | $290K | $299.9K | +3.4% |
3 Bedrooms | $390.4K | $435.6K | +11.6% |
4 Bedrooms | $533K | $580K | +8.8% |
5+ Bedrooms | $580K | $700K | +20.7% |
Summary: Union County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Counties
Union County | $363.1K | $406.1K | +11.9% |
White County | $324.9K | $350.3K | +7.8% |
Lumpkin County | $354.3K | $367.9K | +3.9% |
Towns County | $376K | $389.4K | +3.6% |
Fannin County | $581.5K | $575K | -1.1% |
Housing Supply in Union County, GA
How many homes are available in Union County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
314 | 405 | +29.0% |
Summary: The Union County real estate market had 405 homes for sale in April 2024, a 29.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 25 | +8.7% |
2 Bedrooms | 78 | 107 | +37.2% |
3 Bedrooms | 133 | 171 | +28.6% |
4 Bedrooms | 57 | 74 | +29.8% |
5+ Bedrooms | 23 | 28 | +21.7% |
Summary: The Union County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 37.2%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Union County in April 2024, down by 7.4% month-over-month. Of the 23 sold homes, 74% were sold under asking, 22% were sold at asking, and 4% were sold over asking.
Days on Market for Union County, GA
How long does it take to sell a home in Union County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 49 Days | +49.8% |
Summary: Homes in Union County had an average of 49 days on market in Apr 2024, up by 49.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Union County; 64% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.