The housing market in Union township (Union County), NJ is booming. The median house value in the area is $461,200, which is significantly higher than the US house median of $338,100. Furthermore, the 1 year house appreciation rate in Union township (Union County), NJ was 10.07%, compared to 8.27% nationally. This indicates that more people are investing in properties in the area and that the demand for housing is strong.
The median home cost in Union township is $461,200. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Union township is up 13.9%.
Average Age of Homes
- The median age of Union township real estate is 64 years old
The Rental Market in Union township
- Renters make up 25.2% of the Union township population
- 0.8% of houses and apartments in Union township, 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.