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Featured local agent — Union, KY
Sarah Mitchell
Compass Real Estate · Union, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Union, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$340,000median sale price
How is the Union, KY housing market right now?
The median home sale price in Union, KY is $340,000, down 20.6% year-over-year. Homes sell in an average of 26 days with 31 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Union a buyer's or seller's market?
Union, KY is currently a seller's market, based on 2.1 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
26
Average pace
Active listings
31
2.1 months supply
Sale-to-list
98.8%
Below asking
What does the Union housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $340,000 |
| Median list price | $444,950 |
| Year-over-year price change | -20.6% |
| Average days on market | 26 days |
| Active inventory | 31 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $186/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 12 |
| Listings with a price cut | 51.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Union by property type?
How the Union, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $400,000 | $199/sq ft | 11 | 13 days |
| Condo / Co-op | $324,338 | $170/sq ft | 2 | 127 days |
| Townhouse | $365,500 | $168/sq ft | 2 | 103 days |
Source: Redfin · Updated monthly
The Union housing market is currently classified as a seller's market with a median sale price of $340,000. Prices have fallen 20.6% compared to last year, with homes spending an average of 26 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Union
There are currently 31 homes listed for sale in Union, Kentucky. The median listing price is $445K.
Active listings
31
Homes on market
Median list price
$445K
Avg. days on market
26
Days until sale
New this week
12
Newly listed
Who lives in Union?
Population
7,494
Median income
$139,013/yr
Median age
38.5 years
Owner-occupied
87.6%
College grads
59.4%
Avg commute
26.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Union?
Zillow home value
$468,989
Zillow rent index
$2,375/mo
Price-to-rent ratio
16.5x
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Union?
Union is a community of approximately 7K residents with a median age of 38.5 years.The median household income is $139,013, which reflects a relatively affluent area with strong earning potential. 59.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 87.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Union offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Union?
7 schools tracked · 7,541 students
The largest public schools serving Union, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Larry A. Ryle High School
Grades 9-12 · 2,062 students
Randall K. Cooper High School
Grades 9-12 · 1,485 students
Gray Middle School
Grades 6-8 · 1,007 students
Longbranch Elementary School
Grades PK-5 · 933 students
Shirley Mann Elementary School
Grades PK-5 · 744 students
New Haven Elementary School
Grades PK-5 · 696 students
Ballyshannon Middle School
Grades 6-8 · 614 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Union, KY?
Want a head-to-head view? Compare Union side-by-side with any other U.S. city using our market-comparison tool.
Is Union a good real estate investment market?
For investors evaluating Union, the price-to-rent ratio of 16.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 20.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Union's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Union's median home price.
Frequently asked questions
What is the average home price in Union?
The median home sale price in Union is $340,000, down 20.6% from last year.
How long do homes stay on market in Union?
Homes typically spend 26 days on market before going under contract.
What is the median income in Union?
The median household income is $139,013 per year.
Is Union a buyer's or seller's market?
With 2.1 months of supply, Union is currently a seller's market.
What is the Zillow home value estimate for Union?
The Zillow Home Value Index (ZHVI) for Union is $468,989, representing the typical home value in the area.
What is the median condo price in Union?
The median condo/co-op sale price in Union, KY is $324,338, compared to $400,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Union?
The median single-family home price in Union, KY is $400,000 (about $199 per square foot).
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