Union, AL35670

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$216,000
1.0% YoY Growth
Median Household Income
$48,500
5.8% 5-Year Growth
Days on Market
50
8.0% Shorter than last year
Home Price Forecast
1.3%
Median Rent
$1,650
147.7% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,650
N/A

Property Listings — Union, AL

As of Oct '25, Realtor.com reports that the median days on market for a home in Union, AL is 50. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$400,00030.0%
Listing Count
2653.0%
Listings as % of Homes0.2%53.0%
Days on Market
50-8.0%
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Demographics — Union, AL

As of the latest ACS Survey released in 2023, Union, AL has a population of 7,120, which has increased by 6.7% over the past 5 years. Union, AL is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
7,1206.7%
% Under 18
24.4%21.4%
% Seniors
17.3%13.1%
% WFH
6.3%1,160.0%
% w/ College Degree
19.0%-7.8%
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As of the latest ACS Survey released in 2023, Union, AL is a predominantly white area, with 90.6% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Union, AL is hispanic, making up 2.9% of the population. Foreign-born residents account for 2.0% of the population in Union, AL, and this percentage has increased by 900.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.6%1.1%
% Black
0.6%-89.8%
% Hispanic
2.9%31.8%
% Asian
1.1%∞%
% Foreign Born
2.0%900.0%
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Mortgage and Risk — Union, AL

According to HUD data as of 2023, there were 144 mortgage originations in Union, AL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Union, AL. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
144
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
3.0%
% Second Loans
1.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Union, AL

Union, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
29
Total Units Section 8
2
% Rentals under Section 8
0.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$910
3 Bedroom-$470$1,650$1,180
4 Bedroom-$830$2,200$1,370

Affordability — Union, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.2
Median Home Price$216,000
Median Household Income$48,500

Union, AL — ZIP Code Boundary Map

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Frequently Asked Questions