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Affordable
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These days, finding an affordable place to live in the Union area can be challenging. Home prices in Union are now at a median cost of $253,572, lower than the Virginia average of $443,089.
The average cost of rent is $1,108/mo in Union, primarily driven by the current value of real estate in the Union area. In Union, 13.49% of households rent, and 39.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Union is $4,912 per month. Households that rent pay about 22.55% of their income on rent here. Union’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Thaxton, VA: less expensive homes
- Montvale, VA: equally priced homes
- Goodview, VA: equally priced homes
- Reba, VA: less expensive homes
- Bedford, VA: less expensive homes
- Blue Ridge, VA: equally priced homes
- Otterville, VA: equally priced homes
- Laymantown, VA: higher priced homes
- Vinton, VA: less expensive homes
- Nace, VA: equally priced homes
Cities with Similar Populations
- Advent, WV: less expensive homes
- Airlie, VA: higher priced homes
- Alta, WY: higher priced homes
- Amiret, MN: less expensive homes
- Arnot, PA: less expensive homes
- Avoca, IN: higher priced homes
- Parshall, CO: higher priced homes
- Ozone, AR: less expensive homes
- Pee Dee, NC: less expensive homes
- Pee Dee, SC: less expensive homes
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