The housing market in Union Beach continues to see strong price appreciation, with values up 32.3% compared to last year. Home prices have increased 21.8% in the past month alone. With 15 active listings, inventory is 150% higher than seasonal norms. Homes are taking about 50 days to sell, which is -14 days longer than this time last year. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Union Beach market with the affordability index at 554.4. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.