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Union City, NJ 07087

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Union City, NJ 07087

Fri Mar 28 2025
This week the median list price for Union City, NJ 07087 is $912,450 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has increased to 32. Click here to stay informed with the Union City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Union City, NJ 07087

Fri Mar 28 2025
This week the median list price for Union City, NJ 07087 is $912,450 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has increased to 32. Click here to stay informed with the Union City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Union City market.
Median List Price $912,450
Median Price of New Listings $629,000
Per Square Foot $208
Average Days on Market 117
Median Days on Market 70
Price Decreased 9%
Price Increased 6%
Relisted 28%
Inventory 32
Median Rent
Market Action 30
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,839,499 20,000 - NaN 9 125 0 0 35
$1,050,000 3,250 0 - 4,500 sqft 6 5.3 121 0 0 115
$862,000 0 0 - 4,500 sqft 4 5 117 0 0 49
$494,500 0 6,500 - 8,000 sqft 3 1 75 1 1 115