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Housing in New Union

27 homes sold in New Union in the last year, at a typical $431K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Union homes are listed.

Homes sold
27
October 2025 to September 2026
Typical sale price
$431K
median, weighted by sales
Price per square foot
$200
Tennessee $208
Paid vs. asking
97.5%
14% sold over asking
For sale now
5
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of New Union’s sales, at a typical $424K (year to May 2026)

27 homes sold in the year to September 2026.

Houses$424K

typical sale · 21 sold in the year to May 2026

Per square foot
$195TN $209
Days to sell
64
Sold over asking
19%
Listings with a price cut
39%
13 years of sales

Fewer homes sell than before 2022, at 2.2 times the 2016 price

27 sales in the last year, against 67 in 2021 and a low of 23 in 2015. The typical sale went from $192K in 2016 to $431K.

Homes soldTypical sale price
0255075100$200K$300K$400K$500K2012: 26 sold, typical $173K’122013: 28 sold, typical $131K2014: 32 sold, typical $177K’142015: 23 sold, typical $183K2016: 34 sold, typical $192K’162017: 26 sold, typical $227K2018: 47 sold, typical $226K’182019: 49 sold, typical $237K2020: 41 sold, typical $249K’202021: 67 sold, typical $302K2022: 30 sold, typical $383K’222023: 28 sold, typical $371K2024: 24 sold, typical $363K’24Last 12 months: 27 sold, typical $431KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $450K buys in New Union

Houseat $195 a sq ft, year to May 2026
The same money in Tennesseeat $209 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what New Union homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in New Union are back to pre-pandemic levels, but 60% fewer homes come up for sale

We read every month of New Union’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 27 sales.

If you’re buying in New Union

  • Shop in August. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • Offer under asking. Buyers paid 97.5% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 45% of homes go under contract within two weeks; the typical one takes 56 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 5 a month), but July is the most competitive: 31% of July sales close over asking. August offers nearly as much choice with fewer homes bid up (18%). February has the least competition (10%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 14% sold over asking, 112 days to sellJFeb: 3 new listings a month, 10% sold over asking, 64 days to sellFMar: 5 new listings a month, 18% sold over asking, 109 days to sellMApr: 4 new listings a month, 23% sold over asking, 85 days to sellAMay: 3 new listings a month, 29% sold over asking, 51 days to sellMJun: 3 new listings a month, 25% sold over asking, 68 days to sellJJul: 3 new listings a month, 31% sold over asking, 61 days to sellJAug: 5 new listings a month, 18% sold over asking, 84 days to sellASep: 4 new listings a month, 21% sold over asking, 50 days to sellSOct: 3 new listings a month, 22% sold over asking, 46 days to sellONov: 2 new listings a month, 23% sold over asking, 76 days to sellNDec: 3 new listings a month, 15% sold over asking, 60 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Tennessee as a whole

New Union now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price14%14%39%13%
Gone within two weeksShare of homes under contract within 14 days45%29%67%26%
Price paid vs. askingAverage sale price ÷ list price97.5%98.2%100.8%97.3%
Days to sellMedian days from listing to contract56932772
Supply

5 homes for sale on a typical day

That’s 60% fewer than in 2017–19 and well under 2012’s 21.

2012: 21 for sale’122013: 18 for sale2014: 19 for sale2015: 8 for sale’152016: 11 for sale2017: 10 for sale2018: 15 for sale’182019: 13 for sale2020: 9 for sale2021: 7 for sale’212022: 6 for sale2023: 7 for sale2024: 6 for sale’24Last 12 months: 5 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical New Union home costs about $2,410 a month

Mortgage
Property tax
Insurance
Rent

Price: New Union’s typical sale, last 12 months. Property tax at New Union’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Union is affordable on local pay is on Cost of living.

Before you buy in New Union

Six things worth knowing

5

New listings in March

The month with the most choice. November has the fewest, about 2.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $431K home, about $1,930 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for New Union, from test results, graduation and how much students grow.

Schools in New Union
29 min

Typical commute

The average one-way trip to work for people who live in New Union.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Tullahoma, Estill Springs and McMinnville sell for less a square foot

The busier markets within 25 miles of New Union, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Tullahoma401$301K$18515%87
Shelbyville320$302K$19515%68
Manchester223$301K$19415%92
McMinnville182$239K$17013%81
Estill Springs66$265K$19317%91
Woodbury42$253K$2035%67
New Union27$431K$20014%56

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to New Union, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Union. People who follow the town see it, and so do people comparing New Union with their own town. No commission, no listing fee.

Questions about buying a home in New Union

What do homes sell for in New Union, TN?

27 homes sold in the year to September 2026 at a typical $431K, $200 a square foot.

Is New Union a buyer’s or seller’s market?

A seller’s market: 5 homes were for sale in September 2026 and 2 sold, about 2.2 months of supply. Buyers paid 97.5% of asking on average.

When is the best time to buy in New Union?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in New Union?

About 0.5% of a home’s value a year. On a $431K home that’s near $1,930.

Where can I see homes for sale in New Union?

Zillow, Redfin, Realtor.com and Homes.com all carry New Union’s MLS listings; the search links above open each one filtered to New Union.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).