New Union, TN is a great place to live for those looking for a more affordable housing option. The median value of homes in New Union is $207,400, significantly lower than the U.S. house median value of $338,100. What's even better is that the 1 year house appreciation in New Union has been 13.88%, while the national average was 8.27%. This means that not only can people purchase a home for less money in New Union than in other areas, but they will also see their investment appreciate faster than the national average over time.
The median home cost in New Union is $207,400. Home appreciation the last 10 years has been 99.2%. Home Appreciation in New Union is up 22.8%.
Average Age of Homes
- The median age of New Union real estate is 21 years old
The Rental Market in New Union
- Renters make up 10.5% of the New Union population
- 0.0% of houses and apartments in New 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.