Union County, NJ Real Estate & Property Data

Union County Real Estate Market Trends
Last Updated: April 24, 2024

With up-to-date real estate data get detailed insight into Union County, NJ sourced from the nation’s leading property data provider. The current median home price in Union County, NJ is $574,900. Union County real estate data shows that there have been a total of 5,433 residential properties sold over the past 12 months. ATTOM’s Union County real estate data indicates that the county has 55 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Union County Real Estate Market Trends
Total Residential Properties 130,428
Total Commercial Properties 7,054
Avg. Home Age (Single Family Home) 75 Years
Avg. Square Feet (Single Family Home) 1,879
Total 2024 Residential Sales (year-to-date) 703
% of Homes Seriously Underwater (Q2 2024) 0.72%
Total 2023 Residential Sales 5,139
% of Equity Rich Homes (Q2 2024) 46.77%
Effective 2023 Property Tax 1.8%
Total Foreclosure Filings (year-to-date) 132
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Union County, NJ Real Estate Overview

There were 5,433 residential properties sold in the past year in Union County, NJ. The median home value in Union County, NJ is $545,400. There are a total of 130,428 residential properties in the Union.

Median Sales Price i
$574,900
(Feb 2024)
+23.6%
year-over-year
y-o-y
  • February '24 Feb '24 $574,900
  • January '24 Jan '24 $550,000
  • December '23 Dec '23 $550,000
  • November '23 Nov '23 $550,000
  • October '23 Oct '23 $580,000
  • September '23 Sep '23 $537,500
  • August '23 Aug '23 $610,000
  • July '23 Jul '23 $600,000
  • June '23 Jun '23 $572,500
  • May '23 May '23 $558,000
  • April '23 Apr '23 $535,000
  • March '23 Mar '23 $510,000
Median Down Payment i
$102,500
(Feb 2024)
+29.5%
year-over-year
y-o-y
  • February '24 Feb '24 $102,500
  • January '24 Jan '24 $90,625
  • December '23 Dec '23 $105,000
  • November '23 Nov '23 $84,500
  • October '23 Oct '23 $104,640
  • September '23 Sep '23 $97,525
  • August '23 Aug '23 $122,250
  • July '23 Jul '23 $119,210
  • June '23 Jun '23 $107,500
  • May '23 May '23 $95,000
  • April '23 Apr '23 $115,000
  • March '23 Mar '23 $72,550
Number of Homes Sold i
325
(Feb 2024)
+3.5%
year-over-year
y-o-y
  • February '24 Feb '24 325
  • January '24 Jan '24 378
  • December '23 Dec '23 418
  • November '23 Nov '23 431
  • October '23 Oct '23 485
  • September '23 Sep '23 426
  • August '23 Aug '23 538
  • July '23 Jul '23 471
  • June '23 Jun '23 477
  • May '23 May '23 464
  • April '23 Apr '23 333
  • March '23 Mar '23 373
Number of Purchase Loans i
251
(Feb 2024)
-5.6%
year-over-year
y-o-y
  • February '24 Feb '24 251
  • January '24 Jan '24 282
  • December '23 Dec '23 244
  • November '23 Nov '23 334
  • October '23 Oct '23 312
  • September '23 Sep '23 245
  • August '23 Aug '23 362
  • July '23 Jul '23 262
  • June '23 Jun '23 349
  • May '23 May '23 377
  • April '23 Apr '23 247
  • March '23 Mar '23 266
Number of REFI Loans i
218
(Feb 2024)
+48.3%
year-over-year
y-o-y
  • February '24 Feb '24 218
  • January '24 Jan '24 256
  • December '23 Dec '23 184
  • November '23 Nov '23 226
  • October '23 Oct '23 307
  • September '23 Sep '23 310
  • August '23 Aug '23 359
  • July '23 Jul '23 275
  • June '23 Jun '23 229
  • May '23 May '23 225
  • April '23 Apr '23 143
  • March '23 Mar '23 198
Number of HELOC Loans i
132
(Feb 2024)
+6.5%
year-over-year
y-o-y
  • February '24 Feb '24 132
  • January '24 Jan '24 120
  • December '23 Dec '23 106
  • November '23 Nov '23 129
  • October '23 Oct '23 135
  • September '23 Sep '23 142
  • August '23 Aug '23 154
  • July '23 Jul '23 104
  • June '23 Jun '23 132
  • May '23 May '23 150
  • April '23 Apr '23 109
  • March '23 Mar '23 151

Union County, NJ Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Union County, NJ Foreclosure Activity

There were a total of 55 Union County, NJ properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 38 Union County, NJ properties and repossessed 1 Union County, NJ properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
55
(Feb 2024)
-32.9%
year-over-year
y-o-y
  • February '24 Feb '24 55
  • January '24 Jan '24 77
  • December '23 Dec '23 69
  • November '23 Nov '23 68
  • October '23 Oct '23 68
  • September '23 Sep '23 67
  • August '23 Aug '23 83
  • July '23 Jul '23 79
  • June '23 Jun '23 94
  • May '23 May '23 67
  • April '23 Apr '23 74
  • March '23 Mar '23 91
Foreclosure Starts i
38
(Feb 2024)
-29.6%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 54
  • December '23 Dec '23 43
  • November '23 Nov '23 46
  • October '23 Oct '23 43
  • September '23 Sep '23 35
  • August '23 Aug '23 46
  • July '23 Jul '23 49
  • June '23 Jun '23 50
  • May '23 May '23 39
  • April '23 Apr '23 55
  • March '23 Mar '23 59
Completed Foreclosures (REOs) i
1
(Feb 2024)
-80%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 6
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 6
  • April '23 Apr '23 3
  • March '23 Mar '23 6
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