Union City, MI is a great place to invest in housing. The median value for a house in Union City is $125,600, which is lower than the US average of $338,100. In addition, homes in Union City have appreciated at an even greater rate over the last year with an appreciation rate of 10.54%, compared to the US average of 8.27%. This higher level of appreciation makes Union City an attractive location for anyone looking to invest in real estate.
The median home cost in Union City is $125,600. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Union City is up 14.9%.
Average Age of Homes
- The median age of Union City real estate is 66 years old
The Rental Market in Union City
- Renters make up 25.9% of the Union City population
- 2.5% of houses and apartments in Union City, 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.