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NJ Market Dashboard

Union County

Last updated: July 2026

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Data sources:Market statistics from Redfin Data Center · Home value forecasts from Zillow Research · Updated monthly. Last updated: July 2026.

Median Sale Price

$747K

+6.8% YoY

Days on Market

19 days

-5.0% YoY

Active Listings

1,307

+8.4% YoY

Sale vs. Ask Price

105.45%

-0.1% YoY

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 — Jul 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

68/100Seller's Market
Price Momentum78
Inventory Tightness41
Demand Strength84
Affordability22

Zillow 12-Month Forecast

Projected home value change · Zillow Research

+1.4%

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: $447/sqft. Click column headers to re-sort.

CityPrice / Sqftvs. County Avg
Cranford$689+54.1%
Summit$661+47.9%
New Providence$585+30.9%
Westfield$555+24.2%
Rahway$398-11.0%
Elizabeth$350-21.7%
Mountainside$333-25.5%
Springfield$331-26.0%

What This Means For You

Data-driven takeaways for buyers, sellers, and investors in Union County right now.

For Buyers

Competitive
  • This is a competitive seller's market. Come prepared with pre-approval in hand and be ready to move quickly on well-priced homes.
  • Homes are selling 5% faster than last year. Act quickly — well-priced listings won't last.
  • Homes still sell above asking at 105.45% — so expect competition on move-in-ready, well-priced properties. Budget for at least asking price on desirable listings.

For Sellers

Strong Demand
  • Median prices are up 6.8% year-over-year. The market is rewarding sellers who price with the trend, not against it.
  • Homes priced correctly are selling at 105.45% of list price — above asking. This only happens when you price strategically, not aspirationally.
  • Strong demand means a well-prepared home can generate multiple offers. Don't leave money on the table — prep properly and list at the right time.
  • Spring (March–May) typically brings peak buyer traffic in this county. List prepared, not rushed.

For Investors

Monitor
  • With prices up 6.8% year-over-year, Union County continues to build equity for existing owners. Entry-level and value-add properties offer the best basis.
  • 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 19 days means motivated sellers are out there. Off-market outreach and patient deal sourcing can yield below-market acquisitions.

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