Union, IN County is an excellent place to invest in housing. The median value of houses in the county is $185,600, which is significantly lower than the US median of $338,100. What's more, the appreciation rate for houses in Union County over the past year was 9.39%, which was slightly higher than the national average of 8.27%. Therefore, purchasing a home in Union County is a great long-term investment that will likely increase in value over time.
The median home cost in Union County is $185,600. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Union County is up 15.0%.
Average Age of Homes
- The median age of Union County real estate is 50 years old
The Rental Market in Union County
- Renters make up 22.4% of the Union County population
- 2.8% 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.