NJ Market Dashboard
Union County
Last updated: April 2026
Median Sale Price
$661K
Days on Market
21 days
Active Listings
1,238
Sale vs. Ask Price
104.11%
Median Sale Price Trend
12-month rolling median — Union County
Days on Market
Green = below average (faster sales)
Inventory Levels
Active vs. new listings — monthly
Price Per Sqft by City
Ranked highest to lowest — Apr 2026
Sale vs. Ask Price
Above 100% = homes sold for more than asking price
Market Health Score
Composite of price momentum, inventory tightness, and demand strength
Zillow 12-Month Forecast
Projected home value change · Zillow Research
+0.5%
Modest growth expected. The market is stabilizing — a reasonable window for both buyers and sellers.
Price Per Sqft by City
Ranked by price per square foot. County average: $441/sqft. Click column headers to re-sort.
| City↕ | Price / Sqft↓ | vs. County Avg |
|---|---|---|
| Cranford | $689 | +56.2% |
| Summit | $661 | +49.9% |
| New Providence | $585 | +32.7% |
| Westfield | $555 | +25.9% |
| Rahway | $398 | -9.8% |
| Elizabeth | $350 | -20.6% |
| Mountainside | $333 | -24.5% |
| Springfield | $331 | -24.9% |
What This Means For You
Data-driven takeaways for buyers, sellers, and investors in Union County right now.
For Buyers
Favorable- →With a market health score of 32/100, this is a buyer's market — you have negotiating power that wasn't available in 2021–2023.
- →Days on market are up 31.3% year-over-year, meaning homes are sitting longer. Use this time to get thorough inspections done before making offers.
- →Homes still sell above asking at 104.11% — so expect competition on move-in-ready, well-priced properties. Budget for at least asking price on desirable listings.
For Sellers
Price Carefully- →Median prices are down 5.6% from a year ago. Overpricing will cause your home to sit — price at market from day one to generate real interest.
- →Homes priced correctly are selling at 104.11% of list price — above asking. This only happens when you price strategically, not aspirationally.
- →In a buyer's market, presentation is non-negotiable. Declutter, stage the main living areas, and address any obvious deferred maintenance before listing.
- →Spring (March–May) typically brings peak buyer traffic in this county. List prepared, not rushed.
For Investors
Monitor- →Price softening (-5.6% YoY) combined with a buyer's market score of 32/100 creates an acquisition window that hasn't existed in years.
- →Affordability is a constraint at the premium price point — focus on small multifamily or lower-priced municipalities within the county for better cap rate potential.
- →DOM of 21 days means motivated sellers are out there. Off-market outreach and patient deal sourcing can yield below-market acquisitions.
From the Blog
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Read →Explore Nearby Counties
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