Union Mills, IN—46382
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Union Mills, IN
As of Oct '25, the median home price in Union Mills, IN is $286,000, with a year-over-year change of 6.5%. This indicates that home prices in Union Mills, IN are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $286,000 | 6.5% |
| Single Family | $286,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $221,000 | 9.4% |
3 Bed | $293,000 | 6.5% |
4 Bed | $341,000 | 7.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Union Mills, IN
Union Mills, IN 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 |
% of Rental Stock
No data available
Property Listings — Union Mills, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Union Mills, IN is 70. This is a decrease of -10.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $535,000 | 119.0% |
Listing Count | 5 | 200.0% |
| Listings as % of Homes | 0.4% | 200.0% |
Days on Market | 70 | -10.0% |
Demographics — Union Mills, IN
As of the latest ACS Survey released in 2023, Union Mills, IN has a population of 1,830, which has increased by 7.5% over the past 5 years. Union Mills, IN is a less popular place for families, as children make up 12.3% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,830 | 7.5% |
% Under 18 | 12.3% | -42.3% |
% Seniors | 23.6% | 38.0% |
% WFH | 3.5% | -41.7% |
% w/ College Degree | 14.9% | -25.5% |
As of the latest ACS Survey released in 2023, Union Mills, IN is a predominantly white area, with 97.4% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Union Mills, IN is black, making up 0.0% of the population. Foreign-born residents account for 1.5% of the population in Union Mills, IN, and this percentage has increased by 25.0% 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 | 97.4% | 1.2% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.5% | 25.0% |
Mortgage and Risk — Union Mills, IN
According to HUD data as of 2023, there were 64 mortgage originations in Union Mills, IN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Union Mills, IN. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Union Mills, IN
Union Mills, IN 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 | $900 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Union Mills, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $286,000 |
| Median Household Income | $95,300 |