Union City, NJ Housing Market & Real Estate

Buyer's market-1.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Union City, NJ is $550,000, down 1.6% year-over-year. Homes sell in an average of 61 days with 104 active listings. The market is currently a buyer's market.

$550,000median sale price

Is Union City a buyer's or seller's market?

Buyer's market6.1 months of supply61 avg. days on market

Union City, NJ is currently a buyer's market, based on 6.1 months of supply and homes selling in about 61 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

61

Average pace

Active listings

104

6.1 months supply

Sale-to-list

99.2%

Below asking

Union City, NJ market data

Current housing market statistics for Union City, NJ
MetricValue
Median sale price$550,000
Median list price$636,998
Year-over-year price change-1.6%
Average days on market61 days
Active inventory104 listings
Months of supply6.1 months
Sale-to-list price ratio99.2%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Union City housing market is currently classified as a buyer's market with a median sale price of $550,000. Prices have fallen 1.6% compared to last year, with homes spending an average of 61 days on market, indicating 6.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Union City

There are currently 104 homes listed for sale in Union City, New Jersey. The median listing price is $637K.

Active listings

104

Homes on market

Median list price

$637K

Avg. days on market

61

Days until sale

New this week

32

Newly listed

Price drops:13.5%of listings
Sale-to-list:99.2%

Top public schools in Union City

14 schools tracked · 11,588 students

The largest public schools serving Union City, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Union City High School

Grades 9-12 · 3,089 students

Public

Emerson Middle School

Grades 6-8 · 1,023 students

Public

Robert Waters Elementary School

Grades PK-6 · 1,019 students

Public

Union Hill Middle School

Grades 7-8 · 902 students

Public

Theodore Roosevelt Elementary School

Grades K-6 · 881 students

Public

Thomas A Edison Elementary School

Grades PK-6 · 779 students

Public

George Washington Elementary School

Grades K-6 · 761 students

Public

Colin Powell Elementary School

Grades K-5 · 702 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Union City?

The median home sale price in Union City is $550,000, down 1.6% from last year.

How long do homes stay on market in Union City?

Homes typically spend 61 days on market before going under contract.

Is Union City a buyer's or seller's market?

With 6.1 months of supply, Union City is currently a buyer's market.

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