Is Union City, CA 94587 a buyer’s or seller’s market?
Union City is a seller’s market. With about 1.8 months of supply and 46% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 89% of U.S. ZIP codes, and #133 of 1069 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Union City housing market right now
In the three months ending August 31, 2026, 46% of homes in Union City, CA 94587 sold above their list price, the typical home went under contract in 21 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 94 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (47% then), homes sold about as fast and the median sale price rose 9% to $1,259,455. Overall, Union City is about as competitive as it was a year ago.
Within Alameda County, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Union City ranks #133 of 1,069 CA ZIP codes with enough sales (score 84 out of 100).
Nearby, buyers who want less competition could look at Sunol 94586 (0% sold over asking) or Tracy 95391 (15% sold over asking), while Berkeley 94702 (90% sold over asking) and Oakland 94602 (86% sold over asking) are even more competitive.
Run the numbers for 94587
Nearby markets
Alameda 94501Seller’s market $717 /sq ftAlameda 94502Seller’s market $658 /sq ftAlbany 94706Seller’s market $836 /sq ftBerkeley 94702Seller’s market $1,046 /sq ft Browse all markets →Towns like Union City nearby
Find towns like Union City in other states →Where Union City is
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Questions about Union City real estate
Is Union City a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Union City, CA 94587 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Union City?
The typical home went under contract in 21 days in the latest three months.
Do homes in Union City sell over asking?
46% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Union City?
About 1.15% of a home’s value a year in Alameda County, or roughly $4,600 on a $400,000 home.
What is the median home price in Union City?
The median sale price was $1,259,455 in the three months ending August 31, 2026, about $729 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology