Union Grove, TX
Housing market overview · Updated weekly
$289,000median sale price
Homes sold
1
Last 12 weeks
Days on market
101
Average pace
Active listings
1
1.0 months supply
Sale-to-list
—
Below asking
Union Grove, TX housing market analysis
The Union Grove housing market is currently classified as a seller's market with a median sale price of $289,000. Prices have increased 16.1% compared to last year, reflecting continued demand and limited supply putting upward pressure on home values across the area. Homes in Union Grove spend an average of 101 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 1.0 months of supply, inventory in Union Grove is tight. A balanced market typically has 4–6 months of supply, so the current level strongly favors sellers. Buyers should expect competitive bidding situations and may need to make offers quickly, sometimes above asking price, to secure a home.
There are currently 1 active listings in Union Grove, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 1 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Union Grove as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Union Grove with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Union Grove?
The median home sale price in Union Grove is $289,000, up 16.1% from last year.
How long do homes stay on market in Union Grove?
Homes typically spend 101 days on market before going under contract.
Is Union Grove a buyer's or seller's market?
With 1.0 months of supply, Union Grove is currently a seller's market.
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