Union City, NJ

Buyer's market-1.6% YoY

Housing market overview · Updated weekly

$550,000median sale price

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

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%

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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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