The housing market in Union, MN is quite strong. The median value of homes in the area is $404,900, which is significantly higher than the US median value of $338,100. In the past year, house appreciation in Union has been 6.78%, slightly lower than the US average of 8.27%. This indicates that while prices are still going up, they may be doing so at a slower rate than other parts of the country. Despite this, Union remains a popular place to purchase a home due to its attractive median house value and healthy housing market.
The median home cost in Union is $404,900. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Union is up 11.4%.
Average Age of Homes
- The median age of Union real estate is 35 years old
The Rental Market in Union
- Renters make up 12.4% 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.