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  4. /Union, MI - 49130

Union, MI—49130

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$386,000
2.5% YoY Growth
Household Income
$81,700
24.9% YoY Growth
Days on Market
58
12.0% Longer YoY
Home Price Forecast
3.2%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Union, MI

As of May '26, the median home price in Union, MI is $386,000, with a year-over-year change of 2.5%. This indicates that home prices in Union, MI are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$386,0002.5%
Single Family $393,0002.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    7.8%
    2 Bedrooms
    25.0%
    3 Bedrooms
    45.1%
    4 Bedrooms
    11.1%
    5+ Bedrooms
    10.9%

    Rental Trends — Union, MI

    Union, MI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    27.7%
    2 Bedrooms
    44.6%
    3 Bedrooms
    27.7%

    Property Listings — Union, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Union, MI is 58. This is a increase of 12.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$595,000-29.0%
    Listing Count
    		1385.0%
    Listings as % of Homes0.8%85.0%
    Days on Market
    		5812.0%
    Loading chart...

    Demographics — Union, MI

    As of the latest ACS Survey released in 2023, Union, MI has a population of 1,220, which has decreased by -27.0% over the past 5 years. Union, MI is a less popular place for families, as children make up 11.4% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,220-27.0%
    % Under 18
    		11.4%-54.4%
    % Seniors
    		40.6%69.2%
    % WFH
    		9.9%76.8%
    % w/ College Degree
    		24.6%-2.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Union, MI is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Union, MI is hispanic, making up 5.2% of the population. Foreign-born residents account for 3.3% of the population in Union, MI, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		89.3%-4.2%
    % Black
    		0.0%N/A
    % Hispanic
    		5.2%23.8%
    % Asian
    		0.7%-69.6%
    % Foreign Born
    		3.3%200.0%
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    Mortgage and Risk — Union, MI

    According to HUD data as of 2023, there were 72 mortgage originations in Union, MI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Union, MI. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		72
    % Conventional Loans
    		90.0%
    % Government Loans
    		10.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		11.0%
    % Cash Out Refinance
    		15.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Union, MI

    Union, MI 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$840
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,190
    4 BedroomN/AN/A$1,560

    Affordability — Union, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.5
    Median Home Price$386,000
    Median Household Income$81,700

    Union, MI — ZIP Code Boundary Map

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    Frequently Asked Questions