Listing Office: WEICHERT REALTORS
Union Township Housing Market Report December 2024•Hunterdon County, New Jersey
Housing Prices in Union Township, NJ
How much do homes in Union Township, NJ cost?
Housing Market Conditions
Is Union Township, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Union Township is a Seller's Market
Difference Since December 2023
Since last year, Union Township has remained a Seller's Market.
Union Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Union Township have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Union Township was $550,000 in December 2024, up 6.8% from last year, and the median price per square foot was $300.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Alexandria Township | $560K | $730K | +30.4% |
Franklin Township | $369.2K | $397.5K | +7.7% |
Union Township | $515K | $550K | +6.8% |
Pittstown | $780K | $815K | +4.5% |
Clinton | $452.5K | $345K | -23.8% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $230K | $251K | +9.1% |
22 Bedrooms | $388.5K | $410K | +5.5% |
33 Bedrooms | $515K | $550.5K | +6.9% |
44 Bedrooms | $565K | $610K | +8.0% |
55+ Bedrooms | $598K | $720K | +20.4% |
Summary: Union Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +9.1%. The home price for 2 bedroom homes increased by +5.5%. The home price for 3 bedroom homes increased by +6.9%. The home price for 4 bedroom homes increased by +8.0%. The home price for 5 bedroom homes increased by +20.4%.
Housing supply in Union Township, NJ
How many homes are available in Union Township, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
140Last MonthDec 2024 | ||
1542 months agoNov 2024 | -9.1 % Change MoMNov – Dec |
Summary: The Union Township real estate market had 140 homes for sale in Dec 2024, a 9.1 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
32Last MonthDec 2024 | ||
392 months agoNov 2024 | -17.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 10 | 5 | -50.0% |
22 Bedrooms | 20 | 14 | -30.0% |
33 Bedrooms | 64 | 61 | -4.7% |
44 Bedrooms | 45 | 42 | -6.7% |
55+ Bedrooms | 15 | 18 | +20.0% |
Summary: Union Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -30.0%. The inventory for 3 bedroom homes decreased by -4.7%. The inventory for 4 bedroom homes decreased by -6.7%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in Union Township, NJ cost?
Over Asking Price22 Homes
At Asking Price5 Homes
Under Asking Price5 Homes
If you're buying a home in Union Township, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in Union Township in December 2024, down by 17.9% month-over-month. Of the 32 sold homes, 16% were sold under asking, 16% were sold at asking, and and 69% were sold over asking.
Days on Market for Union Township, NJ
How long does it take to sell a home in Union Township, NJ?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Avg time on Rocket Homes in Union Township has remained consistent over time.
Summary: During December 2024, 32 homes were sold in Union Township; 0% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
30 DaysThis YearDec 2024 | ||
42 Days1 year agoDec 2023 | -28.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Union Township had an average listing age of 30 days in Dec 2024, down by 28.6% compared to the previous year.
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Newest Listings in Union Township, NJ
What homes are available in Union Township, NJ?
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MLS Disclaimers and Copyright
Based on information from Garden State MLS, ALL JERSEY MLS, New Jersey MLS, Realty Multiple Listing System Inc., and Monmouth Ocean Regional MLS for the period 01/01/2023 - 01/01/2025
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.