Housing in Union, OR County is a great investment. According to the median value, housing in the area is valued at $266,400 which is much lower than the US median value of $338,100. This difference presents an opportunity for potential homeowners and investors. In addition, Union County has seen a 12.74% increase in house values over the past year compared to the US average of 8.27%. This makes investing in housing in this county even more attractive as it offers higher returns.
The median home cost in Union County is $266,400. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Union County is up 15.2%.
Average Age of Homes
- The median age of Union County real estate is 45 years old
The Rental Market in Union County
- Renters make up 31.6% of the Union County population
- 1.2% 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.