Union City, TN Metro Area has seen an impressive increase in housing median value over the past year, with a jump of 18.36%, well above the national rate of 8.27%. This brings the median value in Union City to $118,600, significantly lower than the US average of $338,100. Despite this discrepancy, it is clear that Union City is experiencing a housing boom and could be a great place to invest in property.
The median home cost in Union City Metro Area is $118,600. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Union City Metro Area is up 25.8%.
Average Age of Homes
- The median age of Union City Metro Area real estate is 44 years old
The Rental Market in Union City Metro Area
- Renters make up 28.0% of the Union City Metro Area population
- 1.4% of houses and apartments in Union City Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.