The housing market in Union, IA has seen significant growth over the past year with a median value of $81,900 and a 1 year house appreciation rate of 13.5%. This is significantly higher than the national median value of $338,100 and 1 year house appreciation rate of 8.27%. These figures suggest that Union, IA is an attractive area for potential homeowners as it offers more affordable housing without sacrificing the potential for increased equity.
The median home cost in Union is $81,900. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Union is up 15.8%.
Average Age of Homes
- The median age of Union real estate is 53 years old
The Rental Market in Union
- Renters make up 17.7% of the Union population
- 1.9% of houses and apartments in Union, 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.