The housing market in Union Grove, AL is on the upswing. Despite the US median house value being $338,100, the median value for a house in Union Grove is only $221,200. The US 1 year house appreciation rate is 8.27%, but in Union Grove it is even higher at 12.10%. This higher appreciation rate shows that Union Grove may be seeing a boom in their housing market, and this is good news not just for those looking to buy or sell property there but also for current homeowners who are likely to see an increase in their home’s value over time.
The median home cost in Union Grove is $221,200. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Union Grove is up 18.4%.
Average Age of Homes
- The median age of Union Grove real estate is 46 years old
The Rental Market in Union Grove
- Renters make up 16.7% of the Union Grove population
- 0.0% of houses and apartments in Union Grove, 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.