Union Housing Market Report May 2025•Franklin County, Missouri

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Housing Prices in Union, MO

How much do homes in Union, MO cost?

Housing Market Conditions

Is Union, MO a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Union is a Seller's Market

Difference Since April 2025

Last month, Union has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$245,000$177/SqFt
-$75,395
-23.5%

Based on all homes sold in May 2025

Insight

Homes in Union have sold for 23.5% less than they did a month ago.

Summary: The median home sold price in Union was $245,000 in May 2025, down 23.5% from last month, and the median price per square foot was $177.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Union Township
-23.5%
Union
-23.5%
Central Township
-36.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1-$25K
N/A
2-$172K
N/A
3$320.3K$257.5K
-19.6%
4-$261.5K
N/A
5--
N/A

Summary: Union housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -19.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Union, MO compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Union, MO

Housing supply in Union, MO

How many homes are available in Union, MO?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
79Last MonthMay 2025
762 months agoApr 2025
+3.9 %
Change MoMApr – May

Summary: The Union real estate market had 79 homes for sale in May 2025, a 3.9 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
17Last MonthMay 2025
172 months agoApr 2025
0.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
122
0.0%
21415
+7.1%
34644
-4.3%
41113
+18.2%
535
+66.7%

Summary: Union housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +7.1%. The inventory for 3 bedroom homes decreased by -4.3%. The inventory for 4 bedroom homes increased by +18.2%. The inventory for 5 bedroom homes increased by +66.7%.

Asking Price vs. Sold Price

How much do homes in Union, MO cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price5 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Union, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Union in May 2025, the same as the previous month. Of the 13 sold homes, 38% were sold under asking, 38% were sold at asking, and and 23% were sold over asking.

Days on Market for Union, MO

How long does it take to sell a home in Union, MO?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days9 Homes

Over 90 Days4 Homes

Insight

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

Summary: During May 2025, 17 homes were sold in Union; 24% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
55 DaysLast MonthMay 2025
107 Days1 month agoApr 2025
-48.1 %
Change MoMApr – May

Summary: Homes in Union had an average listing age of 55 days in May 2025, down by 48.1% compared to the previous month.

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Newest Listings in Union, MO

What homes are available in Union, MO?

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MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System, for the period 04/01/2025 - 06/01/2025

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 12:53:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.