Union, CT is a great place to buy a house due to its relatively lower median value compared to the United States as a whole. The median value of a house in Union is $309,900 while the US median value is $338,100. Additionally, the one-year appreciation rate for houses in Union stands at 9.44%, higher than the US rate of 8.27%. This means that housing prices have been rising steadily in Union over the past year, making it an ideal location for prospective buyers wanting to invest in real estate.
The median home cost in Union is $309,900. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Union is up 13.8%.
Average Age of Homes
- The median age of Union real estate is 33 years old
The Rental Market in Union
- Renters make up 5.6% of the Union population
- 0.0% 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.