Union County, NJ Home Values & Market Trends
The median home price in Union County, NJ is $543,729.53. There were 5,651 home sales in Union County, NJ over the past 12 months. The median residential Union County, NJ home value for transactions over the previous year is $520,989.317. The number of current listings in Union County, NJ is 333, and the percentage of properties for sale is 333.00%. The county has 1,402 foreclosures, 10 bank owned properties, 119 headed for auction, and 333 properties for sale.
Union County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Union | $ 500,500 $ 295/sqft | Cranford | $ 635,800 $ 398/sqft |
| Linden | $ 513,400 $ 373/sqft | Springfield | $ 654,750 $ 333/sqft |
| Roselle | $ 454,950 $ 309/sqft | New Providence | $ 665,000 $ 353/sqft |
| Rahway | $ 448,450 $ 315/sqft | Mountainside | $ 833,200 $ 360/sqft |
| Summit | $ 1,096,000 $ 515/sqft | Plainfield | $ 363,600 $ 249/sqft |
| Elizabeth | $ 409,350 $ 240/sqft | Berkeley Heights | $ 914,700 $ 334/sqft |
| Scotch Plains | $ 754,500 $ 390/sqft | Roselle Park | $ 482,850 $ 366/sqft |
| Westfield | $ 1,001,000 $ 460/sqft | Kenilworth | $ 508,100 $ 360/sqft |
| Hillside | $ 451,700 $ 289/sqft | Garwood | $ 540,400 $ 385/sqft |
| Clark | $ 625,450 $ 411/sqft | Vauxhall | $ 498,900 $ 238/sqft |
| Fanwood | $ 649,000 $ 389/sqft | Elizabethport | $ -- $ -- |
Housing Market Summary for Union County, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $525K | $528.5K | 0.66% |
| Median Sold Price | $464.6K | $528.5K | 13.76% |
| Homes For Sale | 423 | 333 | -21.28% |
| Homes Sold | 2,932 | 2,609 | -11.02% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Union County, NJ
Browse Homes in Union County, NJ
Union County, NJ home values range from $196,000 to $1,800,000. Summit is the priciest city with a median listing home price of $1,425,000, and Plainfield is most affordable with average house prices of around $355,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.97% of all residential properties in Union County, NJ with Union containing 192 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 22 cities within Union County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $898,400 in New Providence to the lowest home value of $199,100 in Roselle.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Union County, NJ ranges from the highest value of $639,100 in Linden to the lowest value of $299,400 in Elizabeth. Bank owned homes and properties account for 0.01% of properties in Union County, NJ. There are 22 cities within Union County, NJ; Hillside containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsRoselle has 17 auction properties, the highest number of properties going to auction in a single city in the state of Union County, NJ. Auction homes and other auction properties account for 0.09% of all properties in Union County, NJ. There are 22 cities within Union County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $596,800 in Summit to the lowest value of $240,300 in Summit.
Compare Nearby Cities
More Real Estate Resources for Union County, NJ
Guide for Union County, NJ
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