Union City, MI 49094 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Union City, MI—49094

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$177,000

5.9% YoY Growth

Household Income

$68,700

39.6% YoY Growth

Days on Market

39.0% Shorter YoY

Home Price Forecast

-1.3%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Union City, MI

As of May '26, the median home price in Union City, MI is $177,000, with a year-over-year change of 5.9%. This indicates that home prices in Union City, MI are increasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$177,000	5.9%
Single Family	$177,000	6.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Union City, MI

Union City, MI 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

1 Bedroom

18.3%

2 Bedrooms

37.8%

3 Bedrooms

34.9%

4 Bedrooms

6.3%

5+ Bedrooms

2.6%

Property Listings — Union City, MI

As of May '26, Realtor.com reports that the median days on market for a home in Union City, MI is 45. This is a decrease of -39.0% 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	$380,000	19.0%
Listing Count	21	3.0%
Listings as % of Homes	0.2%	3.0%
Days on Market	45	-39.0%

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Demographics — Union City, MI

As of the latest ACS Survey released in 2023, Union City, MI has a population of 3,760, which has decreased by -8.1% over the past 5 years. Union City, MI is a popular place for families, as children make up 28.1% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,760	-8.1%
% Under 18	28.1%	27.7%
% Seniors	15.9%	-13.6%
% WFH	6.6%	46.7%
% w/ College Degree	17.1%	34.6%

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As of the latest ACS Survey released in 2023, Union City, MI is a predominantly white area, with 82.1% of the population identifying as white. The white population has shrunk by 13.9% in the last 5 years. The second most common race or ethnicity in Union City, MI is hispanic, making up 5.7% of the population. Foreign-born residents account for 0.7% of the population in Union City, MI, and this percentage has decreased by 36.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	82.1%	-13.9%
% Black	0.6%	∞%
% Hispanic	5.7%	128.0%
% Asian	0.4%	-33.3%
% Foreign Born	0.7%	-36.4%

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Mortgage and Risk — Union City, MI

According to HUD data as of 2023, there were 56 mortgage originations in Union City, MI, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Union City, MI. Investor activity is low, as 5.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	56
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	5.0%
% Second Loans	2.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Union City, MI

Union City, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	1.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$780
2 Bedroom	N/A	N/A	$940
3 Bedroom	N/A	N/A	$1,220
4 Bedroom	N/A	N/A	$1,340

Union City, MI—49094

Key Metrics at a Glance

Home Price Trends — Union City, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Union City, MI

% of Rental Stock

Property Listings — Union City, MI

Demographics — Union City, MI

Race and Ethnicity

Mortgage and Risk — Union City, MI

Mortgages

Rentals and Section 8 — Union City, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Union City, MI

Home Price to Income Ratio

Union City, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Burlington, MI

Athens, MI

Sherwood, MI

Tekonsha, MI

Coldwater, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$177,000
Median Household Income	$68,700

Union City, MI—49094

Key Metrics at a Glance

Home Price Trends — Union City, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Union City, MI

% of Rental Stock

Property Listings — Union City, MI

Demographics — Union City, MI

Race and Ethnicity

Mortgage and Risk — Union City, MI

Mortgages

Rentals and Section 8 — Union City, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Union City, MI

Home Price to Income Ratio

Union City, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Burlington, MI

Athens, MI

Sherwood, MI

Tekonsha, MI

Coldwater, MI

Frequently Asked Questions

What is the average home price in Union City, MI 49094?

How have home prices in Union City, MI 49094 changed over the past year?

What is the home price projection for Union City, MI 49094?

What are the demographics of Union City, MI 49094?

How long does it take homes to sell in Union City, MI 49094?

What is the average rent price in Union City, MI 49094?