Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 5 |
Acreage buckets
The median price for land in Union City, New Jersey is currently $5.6M per acre. For a typical parcel, the median sale price is $375K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $292K while premium lots reached $750K.
Union City, New Jersey is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Union City, New Jersey currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Union City, New Jersey is 16.7% (3-month basis), indicating strong demand.
Land in Union City, New Jersey typically sells within 167 days of listing. The median time on market is 167 days. Properties are moving slowly in the current balanced market.
Over the past 12 months, Union City, New Jersey saw 5 properties sold, totaling $2.4M in sales volume. In just the last 3 months, 1 properties changed hands.
There are currently 2 active listings in Union City, New Jersey. 1 new listings have hit the market in the last 90 days. The median asking price is $2.1M.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
