The housing market in Union, ME is strong and growing. The median value for a home in Union is $320,800, significantly lower than the national median of $338,100. Despite this difference, the one year appreciation rate for homes in Union is 16.46%, more than double the US rate of 8.27%. This shows that demand for housing in Union is high and prices are steadily rising as a result. Buying a home in Union could be a smart investment.
The median home cost in Union is $320,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Union is up 20.6%.
Average Age of Homes
- The median age of Union real estate is 34 years old
The Rental Market in Union
- Renters make up 9.7% 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.