Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$197,144+10.2% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$42,737About 0.6× the local median income ($67,286): affordable for a typical household
Days on market72 daysAbout the same pace as a year ago
The typical home in Union County, IN is worth $197,144, up 10.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $155,739, so the area is 26.6% overvalued. It is a buyer's market: homes take about 72 days to sell, listings are up 35% from a year ago, 22% of listings have had a price cut. A household needs about $42,737 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,286. In the latest IRS figures, 76 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$197,144
Change in 1 year
+10.2%
Overvalued %
+26.6%
Show 6 more
Fair home value
$155,739
Change in 5 years
+29.1%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$1,068
Income needed to afford it
$42,737
Property tax rate
0.64%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+35.0%
Days on market
72
Listings with a price cut
22.2%
Show 3 more
Homes for sale
27
Pending sales per 100 listings
15
Asking price per sq ft
$146
People and jobs
Median household income
$67,286
Population change (1 year)
−1.0%
Unemployment rate
4.2%
Show 4 more
Population
6,863
Income adjusted for cost of living
$75,858
Net moves in (IRS)
+76
Cost of living (US = 100)
88.7
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
5.2
Flood risk score
9.5
Show 3 more
Wildfire risk score
0.4
Walkability (1 to 20)
5.6
Road, rail and air noise
54 dB
Questions people ask
Is Union County, IN overvalued?
Home prices in Union County, IN are well above what local incomes have historically supported: fair value is about $155,739, so the area is 26.6% overvalued.
Is Union County, IN a buyer's or seller's market?
Union County, IN is a buyer's market: homes take about 72 days to sell, listings are up 35% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Union County, IN?
Home values in Union County, IN are up 10.2% over the last year.
How much do you need to earn to buy a home in Union County, IN?
A household needs about $42,737 a year to afford the typical home in Union County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,286.