Union Grove, NC 28689 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Union Grove, NC—28689

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$329,000

1.0% YoY Growth

Household Income

$67,600

10.9% YoY Growth

Days on Market

172

169.0% Longer YoY

Home Price Forecast

2.6%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Union Grove, NC

As of Dec '25, the median home price in Union Grove, NC is $329,000, with a year-over-year change of 1.0%. This indicates that home prices in Union Grove, NC are flat. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$329,000	1.0%
Single Family	$328,000	3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Union Grove, NC

Union Grove, NC lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

76.3%

3 Bedrooms

16.8%

5+ Bedrooms

6.8%

Property Listings — Union Grove, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Union Grove, NC is 148. This is a increase of 69.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$10,600,000	877.0%
Listing Count	4	25.0%
Listings as % of Homes	0.2%	25.0%
Days on Market	172	169.0%

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Demographics — Union Grove, NC

As of the latest ACS Survey released in 2023, Union Grove, NC has a population of 2,520, which has increased by 21.9% over the past 5 years. Union Grove, NC is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,520	21.9%
% Under 18	25.6%	0.8%
% Seniors	10.1%	-34.0%
% WFH	12.5%	267.6%
% w/ College Degree	13.5%	66.7%

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As of the latest ACS Survey released in 2023, Union Grove, NC is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Union Grove, NC is hispanic, making up 14.4% of the population. Foreign-born residents account for 9.8% of the population in Union Grove, NC, and this percentage has increased by 55.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	77.9%	-4.1%
% Black	0.5%	-81.5%
% Hispanic	14.4%	25.2%
% Asian	0.0%	N/A
% Foreign Born	9.8%	55.6%

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Mortgage and Risk — Union Grove, NC

According to HUD data as of 2023, there were 52 mortgage originations in Union Grove, NC, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Union Grove, NC. Investor activity is low, as 0.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	52
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	0.0%
% Second Loans	2.0%
% Cash Out Refinance	2.0%

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Rentals and Section 8 — Union Grove, NC

Union Grove, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$970
2 Bedroom	N/A	N/A	$1,090
3 Bedroom	N/A	N/A	$1,490
4 Bedroom	N/A	N/A	$1,850

Union Grove, NC—28689

Key Metrics at a Glance

Home Price Trends — Union Grove, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Union Grove, NC

% of Rental Stock

Property Listings — Union Grove, NC

Demographics — Union Grove, NC

Race and Ethnicity

Mortgage and Risk — Union Grove, NC

Mortgages

Rentals and Section 8 — Union Grove, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Union Grove, NC

Home Price to Income Ratio

Union Grove, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Olin, NC

Hamptonville, NC

Ronda, NC

Hiddenite, NC

Statesville, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$329,000
Median Household Income	$67,600

Union Grove, NC—28689

Key Metrics at a Glance

Home Price Trends — Union Grove, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Union Grove, NC

% of Rental Stock

Property Listings — Union Grove, NC

Demographics — Union Grove, NC

Race and Ethnicity

Mortgage and Risk — Union Grove, NC

Mortgages

Rentals and Section 8 — Union Grove, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Union Grove, NC

Home Price to Income Ratio

Union Grove, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Olin, NC

Hamptonville, NC

Ronda, NC

Hiddenite, NC

Statesville, NC

Frequently Asked Questions

What is the average home price in Union Grove, NC 28689?

How have home prices in Union Grove, NC 28689 changed over the past year?

What is the home price projection for Union Grove, NC 28689?

What are the demographics of Union Grove, NC 28689?

How long does it take homes to sell in Union Grove, NC 28689?

What is the average rent price in Union Grove, NC 28689?