Union City Housing Update: Prices Edge Down, Inventory Ticks Up
Union City, NJ – March 17, 2026 – Home prices dipped year over year in February while inventory and sales activity showed modest gains.
The Union City housing market showed mixed signals heading into early spring, with prices easing from a year ago while sales activity improved and inventory expanded slightly.
Top takeaways
- Median sale price was $550K in February 2026, down 1.6% year over year.
- 17 homes sold in February, up from 14 a year earlier.
- Homes averaged 61 days on market, longer than last year.
- About 84 homes were listed for sale at the end of February, with 19 new listings added during the month.
Market snapshot
Redfin reports the February median sale price at $550,000, with homes taking roughly two months to sell on average. While prices softened slightly compared with February 2025, the increase in closed sales suggests buyers are still engaging when properties are positioned competitively.
Zillow’s data places the typical home value around $557,000 as of late January, reflecting a 7.5% year-over-year increase. At the same time, the median list price was about $435,000, pointing to a wide range of inventory that includes smaller condos and multifamily properties alongside higher-priced residences.
What’s for sale
- One-bedroom condos are commonly listed from the high $200Ks to low $300Ks.
- Two-bedroom units and larger condos are often priced in the $500Ks.
- Multifamily properties continue to represent a significant share of higher-priced listings.
With 84 active listings at month’s end and a modest rise in sales, conditions appear more balanced than during peak competition in recent years. Buyers are seeing slightly longer marketing times, while sellers are adjusting to pricing trends that require closer alignment with comparable sales. As spring activity builds, the interplay between new listings, buyer demand, and time on market will help determine whether prices stabilize or continue to edge lower in the months ahead.