Union County, NJ Housing

The housing market in Union County, NJ is relatively strong compared to the rest of the US as evidenced by its median house value of $498,700 which is significantly higher than the national median of $338,100. Furthermore, it has experienced an impressive 8.87% appreciation rate over the past year which is slightly above the national average of 8.27%. The combination of these two factors make Union County an attractive place to invest in property due to its potential for high return on investment and great quality of life.

The median home cost in Union County is $498,700. Home appreciation the last 10 years has been 61.8%. Home Appreciation in Union County is up 13.6%.

Average Age of Homes

- The median age of Union County real estate is 62 years old

The Rental Market in Union County

- Renters make up 37.2% of the Union County population
- 1.3% of houses and apartments in Union County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Union, New Jersey	United States
	208,961.0	139,647,020.0
	65	42
	$498,700	$338,100
	13.6%	16.6%
	41.9%	57.0%
	61.8%	101.1%
	$30.04	$10.98
	$10,001	$2,690
	55.3%	57.4%
	5.0%	11.2%
	39.7%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.5%	0.4%
	0.2%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.5%	2.4%
	0.3%	2.8%
	0.2%	3.9%
	0.3%	4.5%
	1.5%	11.3%
	4.6%	13.0%
	18.7%	20.1%
	24.4%	13.6%
	15.1%	8.3%
	20.5%	9.7%
	7.6%	3.9%
	3.5%	2.2%
	0.9%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	4.8%	13.6%
	5.0%	13.2%
	8.3%	14.8%
	4.8%	13.6%
	22.7%	10.0%
	12.9%	4.7%
	24.3%	12.2%

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