Explore US City New Union, AL - Real Estate Market Insights, Demographics, Crime, Trends & Hotspots
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Median Price
$590,000
Market Insights
The housing market in New Union continues to see strong price appreciation, with values up 161.8% compared to last year. The median home price of $590,000 represents a substantial 161.8% increase from this time last year. With 3 active listings, inventory is 200% higher than seasonal norms. Properties are selling within just 5 days on average, much faster than the historical norm of 52 days. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the New Union market with the affordability index at 5267.9. Based on current market indicators, home prices in New Union are projected to decrease by approximately 21.4% over the next month.
Demographics market for - New Union, AL
Total Population -
981
White Race
100%
African American Race
0%
Crime for City - New Union, AL
No Data
Real Estate Market Prediction for - New Union, AL
City Hotspots Map
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Nearby Cities From- New Union, AL
Bristow Cove, AL
Boaz, AL
Sardis City, AL
Walnut Grove, AL
Carlisle-Rockledge, AL
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