The housing market in Union, NM County is flourishing and has seen significant appreciation over the past year. The median value of a house in the county is currently $133,600, which is much lower than the US median of $338,100. Despite the lower price point, home values have appreciated at a much higher rate than the US average of 8.27%, with an impressive 13.83% increase in value over one year. This makes Union, NM County an attractive option for potential homeowners looking for a great deal on their next home.
The median home cost in Union County is $133,600. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Union County is up 12.5%.
Average Age of Homes
- The median age of Union County real estate is 53 years old
The Rental Market in Union County
- Renters make up 25.4% of the Union County population
- 1.5% 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.