The Jill Biggs Group · Union City, New Jersey
Union City Real Estate Market Report · October 2026
What happened in the Union City real estate market in October 2026?
Union City’s median home sold price was $381,250 in October 2026, with homes selling in a median of 39 days and 56% closing at or above asking price. The median landed well below recent months, driven by a wave of lower-priced condo and co-op sales rather than a broad decline in home values.
October 2026 Snapshot
Union City Housing Market Statistics: October 2026
October looked different in Union City, and the story is all in the mix. The median landed well below the summer’s roughly $640,000 range, not because home values fell but because of which homes happened to sell. Here’s what drove the shift, and what’s on the market now for buyers and investors.
The takeaway: This was Union City’s most balanced month in a while. The summer’s seller-tilted urgency eased, giving buyers more room to negotiate and take their time, yet homes priced right still sold close to asking. Nothing here points to a market losing ground; it points to a quieter month with a different mix of what sold.
Median price per square foot is omitted this month. Union City’s sales span condos, co-ops, and multi-family buildings that aren’t measured on a comparable per-foot basis, so a single citywide figure would mislead more than it informs.
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- Leaning toward buyers
- 56% sold at or above asking price
- Avg. list-to-sale ratio: 99.8%
- About 8.3 months of active supply
- October 2026: $381,250
- September 2026: $640,000 · August 2026: $660,000
- Condos $365,000 · co-ops $390,000
- Driven by mix, not a drop in values
- 132 active listings at month end
- Median asking price: $599,500
- Supply: ~8.3 months (buyer-leaning)
- 59 condos and 26 co-ops
- 16 residential closings in October
- 13 of 16 were condos or co-ops
- The Jill Biggs Group closed 1 of them
- JBG sale: 1720 New York Ave #202 at $392,500
The Trend
Union City Home Price Trends (August to October 2026)
The trend line looks dramatic, but it overstates what happened to Union City home values, for two reasons the table can’t show. First, October’s figures count residential homes only, a tighter basis than the summer months, which strips out a few high-priced commercial and investment trades that had lifted earlier medians. Second, the month leaned to lower-priced condos and co-ops, a mix effect rather than a value effect. Mortgage rates rising into the low-7% range through October did add real caution on the buyer side, though that shows up more in negotiating room than in sale prices.
Condos and co-ops made up 13 of October’s 16 sales, at medians of $365,000 and $390,000, while the multi-family segment went quiet. With 132 active listings, about 8.3 months of supply, buyers have room to negotiate, yet 56% of homes still sold at or above asking.
October’s Featured Sales
Recent Jill Biggs Group Home Sales in Union City
The Jill Biggs Group closed 1 Union City sale in October, among the city’s 16 residential closings:
The Mix Behind the Median
What Types of Homes Sold in Union City This Month?
Union City is a multi-family town at heart, and October was the exception that proves the rule. Condos and co-ops made up 13 of the 16 sales, at medians of $365,000 and $390,000, while the pricier multi-family segment that usually leads the market went quiet, with just two two-family sales (median $870,000) and one single-family house at $600,000. Stack a month of mostly entry-level condos against a normal spread that runs up through $800,000-plus buildings, and the citywide median drops on mix alone, even with values holding.
Active Inventory
Homes for Sale in Union City Right Now
As of the end of October, 132 homes were active on the market in Union City, with a median list price of $599,500. At the current pace of sales, that works out to about 8.3 months of supply, the deepest inventory among the Hudson County towns we track and a market that tilts toward buyers with room to negotiate.
The active inventory reflects Union City’s mixed housing stock: 59 condos and 26 co-ops on the attainable end, alongside a deep bench of multi-family buildings with 25 two-family, 11 three-family, and 8 four-family listings, plus a handful of single-family houses. About 36 of the 132 active listings came on the market during October, so buyers and investors have a steady flow of fresh options to consider across both the condo and multi-family segments.
Thinking About Buying or Selling in Union City?
Whether you’re weighing a move this fall, exploring a multi-family investment, or just want to know what your property is worth in today’s market, we’re here to help.
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