Union, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 4,631 transactions over the past year in Union. The median value for residential home transactions that occurred over the previous year is $561,952.53. The number of current listings in Union is 286, and the percentage of properties for sale in the city is 61.24%. Union, NJ currently has 181 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 286 properties for sale.
Union, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07083 | $ 564,550 $ 287/sqft |
Housing Market Summary for Union, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $545K | $567.1K | 4.06% |
| Median Sold Price | $530.7K | $567.1K | 6.87% |
| Homes For Sale | 60 | 277 | 361.67% |
| Homes Sold | 302 | 238 | -21.19% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Union, NJ
Browse Homes in Union, NJ
Union home values range from $252,100 to $2,040,000. The median estimated value of a home in Union is $561,952.53. The median list price of a home is 597,000, and the total count of properties in the city is 15,334.
- Pre-ForeclosurePre-foreclosure homes account for 1.15% of all residential properties in Union, NJ with 07083 containing 177 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Union, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $853,000 in 07083 to the lowest home value of $383,900 in 07083.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Union, NJ ranges from the highest value of $685,200 in 07083 to the lowest value of $685,200 in 07083. Bank owned homes and properties account for 0.01% of properties in Union, NJ. There is 1 zips within Union, NJ; 07083 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07083 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Union, NJ. Auction homes and other auction properties account for 0.02% of all properties in Union, NJ. There is 1 zips within Union, NJ; of that zips, the median estimated home value for homes going to auction ranges from $821,800 in 07083 to the lowest value of $507,200 in 07083.