Union County, NC Housing Market Update: June 2026

Union County's housing market picked up real momentum in June. More homes hit the market, more buyers went under contract, and more sales closed compared to a year ago. At the same time, the typical home sold for a little less than it did last June, which tells us buyers have some room to negotiate right now. Here's what happened across the county and in Waxhaw, Indian Trail, and Monroe, using data from Canopy MLS.

One quick note before we dive in: some of the percentage changes below look large, especially in smaller markets like Indian Trail. That's normal. When a market has fewer total sales, a handful of extra closings can swing the percentage change a lot even though the actual number of homes involved is small. Canopy MLS flags this in its own reporting, and it's worth keeping in mind as you read the numbers.

Union County: The Big Picture

Union County saw 491 new listings in June, up from 440 a year ago, an increase of about 12%. New listings are the homes that came on the market for the first time that month, so this tells us more sellers decided to list this June than last June.

Buyers responded. Pending sales, which are homes currently under contract but not yet closed, rose from 314 to 355. Closed sales, meaning homes that fully finished the sale process, climbed from 390 to 443, a jump of about 14%.

The typical home in Union County sold for $499,900 in June, down about 3% from $517,000 last June. That's the median sales price, which is the middle price when you line up every sale from lowest to highest. Half the homes sold for more than that, and half sold for less. It's usually a better read on a "typical" home than the average sales price, which can get pulled up by a few expensive sales.

Sellers received 96.9% of their original asking price on average this June, down slightly from 97.5% last year. This is called the list-to-sale price ratio, and it tells us how much negotiating room buyers have. A number close to 100% means homes are selling near asking price. A lower number means buyers are getting small discounts.

Homes also took a bit longer to sell. Days on market until sale, which measures how long a home sits before going under contract, held flat at 41 days. But cumulative days on market, which tracks the full time a home is actively listed including any relisting, rose from 41 to 47 days.

Active inventory, meaning the total number of homes currently listed for sale, grew from 999 to 1,091 homes, up about 9%. Even with more homes on the market, months of supply actually dipped slightly, from 3.4 to 3.3. Months of supply tells us how long it would take to sell every home currently listed if no new homes came on the market. Anything under 3 months usually favors sellers, 3 to 6 months is fairly balanced, and over 6 months usually favors buyers. At 3.3 months, Union County remains a balanced market that leans slightly toward sellers.

Waxhaw

Waxhaw is the priciest market in this update, with a median sales price of $730,000, down about 3% from $750,000 last June. New listings jumped nearly 32%, from 113 to 149, giving buyers more to choose from. Closed sales held steady at 119, just about even with last year's 121.

Inventory grew from 276 to 323 homes, and months of supply rose from 3.6 to 4.0, meaning Waxhaw is edging closer to a more balanced market than it's been in recent years. Homes took a bit longer to sell too, with days on market rising from 36 to 40 days, and sellers received 96.6% of their asking price on average, down from 98.2% a year ago.

Indian Trail

Indian Trail's median sales price stayed nearly flat at $449,500, essentially unchanged from $450,000 last June. That price stability is notable given how much activity picked up elsewhere in this report. Closed sales jumped from 57 to 88, a 54% increase, and pending sales rose from 63 to 75.

Because Indian Trail has a smaller number of total sales than Union County as a whole, that 54% jump reflects real momentum, but it's worth remembering that smaller markets can show bigger swings from month to month. Inventory grew modestly, from 185 to 192 homes, while months of supply actually dropped from 3.4 to 2.5, which tells us homes are moving relatively quickly relative to what's available. Days on market rose from 33 to 42 days.

Monroe

Monroe stood out as the market with the strongest price growth this June. The median sales price rose to $405,000, up 6.6% from $380,000 a year ago. New listings grew from 119 to 149, and closed sales rose from 118 to 134.

Homes in Monroe are also selling faster than they did last year. Days on market fell from 54 to 46 days, one of the few markets in this update to see homes move quicker. Inventory grew from 303 to 364 homes, and months of supply rose from 3.1 to 3.5, putting Monroe squarely in balanced-market territory.

What This Means for You

If you're selling in Union County right now, pricing carefully matters more than it did a year ago. Buyers have more homes to choose from and a bit more time to make a decision, so homes priced right for their market are still moving, but overpricing carries more risk of sitting longer.

If you're buying, this is a good moment to be in the market. Inventory is up across every city in this report, and in most of them, sellers are accepting slightly less than their original asking price. That gives you more selection and a little more room to negotiate than buyers had a year ago.

Frequently Asked Questions

Is Union County a buyer's market or a seller's market right now?
Union County is a balanced market leaning slightly toward sellers, with 3.3 months of supply as of June 2026. Under 3 months usually favors sellers and over 6 months usually favors buyers, so a number in the 3 to 4 range means neither side has a huge advantage. Waxhaw and Monroe are edging closer to fully balanced conditions than Indian Trail, which still has tighter supply.

Why did home prices go down in Union County if more homes are selling?
More closed sales and lower prices can happen at the same time when inventory grows faster than demand, which gives buyers more negotiating power. Union County's median sales price dropped about 3% year over year even as closed sales rose 14%, largely because rising inventory across Waxhaw and the broader county gave buyers more options and more leverage on price.

How long does it take to sell a home in Union County right now?
Homes in Union County are taking around 41 to 47 days to go under contract, depending on how the measurement is calculated, which is similar to last year. Monroe is the exception, where homes are actually selling faster than they did a year ago, dropping from 54 to 46 days.

Sources:

• Canopy MLS, Inc. Local Market Update, June 2026, Union County, Waxhaw, Indian Trail, and Monroe reports. Report provided by the Canopy Realtor® Association. Data deemed reliable but not guaranteed.

Thinking About Buying or Selling in Union County?

Whether you are looking in North Carolina or South Carolina, I would love to be your guide. Reach out anytime.

Kristen Coulter, REALTOR® | Licensed in NC and SC
Real Broker, LLC | 704-850-9870 | www.KristenCoulter.com | Realtor@KristenCoulter.com