The housing situation in Union, IA County is quite favorable as the median value of homes is significantly lower than the national median value at $114,100 compared to $338,100. In addition to this, the one year house appreciation rate in Union County is 11.75%, which is higher than the US average of 8.27%. This could be a great opportunity for those looking to invest in a new home as prices are relatively low and appreciation rates are high.
The median home cost in Union County is $114,100. Home appreciation the last 10 years has been 64.1%. Home Appreciation in Union County is up 15.2%.
Average Age of Homes
- The median age of Union County real estate is 58 years old
The Rental Market in Union County
- Renters make up 23.7% of the Union County population
- 1.9% 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.