The housing market in Union, LA has been strong over the past year, with a median value of $139,900 and an appreciation rate of 13.15%, higher than the national average of 8.27%. This demonstrates that Union is a desirable place to live and own property, despite its lower median value compared to the US median of $338,100. With its strong housing market and attractive home values,Union may be an ideal place for those looking to purchase or invest in real estate.
The median home cost in Union is $139,900. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Union is up 13.2%.
Average Age of Homes
- The median age of Union real estate is 48 years old
The Rental Market in Union
- Renters make up 9.2% of the Union population
- 5.6% 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.