Union County NC Real Estate Market Report: April 2025 Analysis & Forecast

Understanding the current real estate landscape is crucial whether you’re looking to buy your dream home, sell your property, or simply stay informed about the local market. This comprehensive April 2025 Union County NC Real Estate Market Report delves into the latest trends, offering insights that will empower your real estate decisions. We’ll break down key metrics like median sales price, new listings, closed sales, and the ever-important months supply of inventory, providing you with a clear picture of what’s happening in communities like Waxhaw, Marvin, Weddington, Indian Trail, and Monroe.

Our analysis is based on the most up-to-date data from the Canopy MLS, Inc., compiled by the Canopy Realtor® Association, ensuring you receive accurate and reliable information. To see listings in the Canopy MLS, explore all homes for sale in Union County, NC.

Union County Housing Market at a Glance: April 2025 Key Metrics

April 2025 brought some notable shifts to the Union County real estate market. Here’s a quick overview of the most impactful changes compared to April 2024:

• New Listings Soar: We saw a significant jump in new listings, increasing by a robust 22.8% to 507 homes in April 2025, up from 413 in April 2024. This signals more options for prospective homebuyers.
• Closed Sales See a Slight Dip: Despite the increase in new listings, closed sales experienced a modest decrease of 7.1%, totaling 288 in April 2025 compared to 310 in the same month last year.
• Median Sales Price Continues to Climb: The median sales price in Union County edged up by 2.1% to $485,000 in April 2025, compared to $475,000 in April 2024. This consistent appreciation underscores the long-term value of real estate in the area. Looking at the rolling 12-month calculation, the median sales price has shown a steady upward trend since early 2015.
• Months Supply of Inventory Jumps: Perhaps the most significant change is the dramatic 75.0% increase in the months supply of inventory, rising from 1.6 months in April 2024 to 2.8 months in April 2025. This indicates a shift towards a more balanced market, offering buyers more time and negotiation power. The inventory of homes for sale itself saw an impressive 80.0% increase, from 436 to 785 homes.

Diving Deeper: Understanding the April 2025 Union County Real Estate Trends

New Listings: A Welcome Surge for Buyers

The substantial 22.8% increase in new listings is a significant development for the Union County real estate market. This surge, from 413 in April 2024 to 507 in April 2025, provides homebuyers with a wider array of choices. More inventory often leads to less intense bidding wars and potentially more favorable negotiation terms.

Year-to-date new listings also show an upward trend, with a 11.6% increase through April 2025 compared to the same period in 2024. This consistent growth suggests a continued willingness of homeowners to list their properties, which is a positive sign for market fluidity.

Closed Sales and Pending Sales: A Nuanced Picture

While new listings have risen, closed sales experienced a slight downturn of 7.1% in April. This could be attributed to several factors, including fluctuating interest rates or buyer hesitancy. Interestingly, pending sales actually saw a 9.3% increase in April 2025, reaching 342 compared to 313 in April 2024. This suggests that while fewer deals closed in April, there are more homes actively under contract, hinting at potential future closed sales. The year-to-date pending sales also show a positive trend, up 2.5%.

The discrepancy between new listings and closed sales, alongside the rise in pending sales, paints a nuanced picture. It suggests that while supply is increasing, the pace of transactions might be moderating, allowing more time for both buyers and sellers to navigate the market.

Median Sales Price: Steady Appreciation Continues

The consistent appreciation of the median sales price in Union County is a testament to the area’s desirability and strong market fundamentals. A 2.1% increase year-over-year, reaching $485,000 in April 2025, demonstrates continued buyer confidence and demand for homes in the region. This upward trend is further reinforced by the year-to-date median sales price, which has risen by 4.7% to $465,000 through April 2025. For homeowners, this sustained growth in property values contributes to increased equity and long-term investment benefits.

Months Supply of Inventory: Shifting Towards a Balanced Market

The most significant shift in April 2025 is undoubtedly the substantial increase in the months supply of inventory, leaping from 1.6 months to 2.8 months – a 75.0% increase. This metric is crucial as it indicates how long it would take for all current homes on the market to sell at the current rate of sales. A lower number typically favors sellers, while a higher number offers more leverage to buyers.

The jump to 2.8 months suggests a market that is moving closer to a balanced state, typically considered to be around 5-6 months of supply. This means buyers have more options and less pressure to make immediate decisions, potentially leading to more deliberate negotiations and a healthier overall market environment. The inventory of homes for sale itself mirrored this trend, increasing by a remarkable 80.0% from 436 homes in April 2024 to 785 in April 2025.

Days on Market and List Price Received: Insights into Market Pace and Negotiation

The “Days on Market Until Sale” also increased significantly, rising by 60.7% to 45 days in April 2025, up from 28 days in April 2024. This further supports the notion of a more balanced market where homes are taking a bit longer to sell. Similarly, the “List to Close” timeframe also extended by 15.6%, reaching 89 days. For sellers, this highlights the importance of strategic pricing and presentation to stand out in a market with more inventory.

The “Percent of Original List Price Received” saw a slight decrease of 0.8%, with sellers receiving 98.4% of their original list price in April 2025, compared to 99.2% in April 2024. While still strong, this minor dip suggests that buyers are gaining a bit more negotiation power, and some sellers might be adjusting their prices to attract offers in a slightly less frenzied environment.

Long-Term Trends: What the Rolling 12-Month Calculation Reveals

Examining the rolling 12-month calculation of the median sales price for Union County since 2015 provides valuable context. The graph clearly illustrates a consistent and steady upward trajectory in median home values over the past decade. Despite short-term fluctuations, the long-term trend indicates a robust and appreciating real estate market in Union County. This historical performance provides a strong foundation for future growth and reinforces the stability of property as an investment in the region.

What This Means for You: Buyers and Sellers in Union County

For Buyers in Union County:

• More Choices: The significant increase in new listings and overall inventory means you have more homes to choose from, increasing your chances of finding the perfect property that meets your needs and budget.
• Reduced Urgency: With a higher months supply of inventory and longer days on market, the pressure to make hasty decisions is lessened. You have more time to consider your options, conduct thorough due diligence, and negotiate terms.
• Negotiation Opportunities: The slight dip in the percentage of original list price received suggests that sellers may be more open to negotiations on price and other terms.
• Stay Informed: Continue to monitor market trends closely, work with an experienced local real estate agent, and be ready to act when the right opportunity arises.

For Sellers in Union County:

• Strategic Pricing is Key: With increased competition from more listings, pricing your home competitively and accurately from the outset is more critical than ever.
• Presentation Matters: Highlighting your home’s best features through professional staging, photography, and effective marketing will help your property stand out in a larger pool of inventory.
• Patience May Be Required: The extended days on market indicate that your home might take a bit longer to sell than in previous months. Be prepared for a potentially longer selling process.
• Work with an Expert: A knowledgeable local real estate agent can help you navigate the current market conditions, develop a tailored selling strategy, and maximize your home’s value.

Looking Ahead: Union County Real Estate Forecast

Based on the April 2025 data, Union County’s real estate market appears to be transitioning towards a more balanced environment. While prices continue their upward climb, the surge in inventory and extended days on market suggest a moderation in the pace of sales. This is a healthy development for the market, offering more sustainability and opportunities for both buyers and sellers.

We anticipate continued activity in the Union County market as we move further into 2025. Factors such as interest rate fluctuations, economic conditions, and population growth will continue to influence trends. Staying informed and working with a trusted real estate professional will be paramount to success in this evolving market.

Your Trusted Union County Real Estate Resource

Navigating the dynamic Union County real estate market requires expert guidance. As your dedicated real estate professionals, we are committed to providing you with the most accurate and insightful market analysis. Whether you’re considering buying, selling, or simply have questions about the local market in Waxhaw, Marvin, Weddington, or any other Union County community, don’t hesitate to reach out. We are here to help you achieve your real estate goals.