Home Values

Union County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$169,600

  • 8.4% 1-year change
  • None 1-year forecast

The median home value in Union County is $169,600. Union County home values have gone up 8.4% over the past year. The median list price per square foot in Union County is $132, which is higher than the Georgia average of $90. The median price of homes currently listed in Union County is $199,000 while the median price of homes that sold is $143,510. The median rent price in Union County is $800, which is lower than the Georgia median of $1,050.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Union County is 4.0%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Union County homeowners underwater on their mortgage is 11.6%, which is lower than Georgia at 25.2%.

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Relative ZHVI
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Union County Market Overview

Data through Jan 31, 2015
  • $169,600 ZHVI
  • No data 1-yr forecast
  • $199,000 Median listing price
  • $143,510 Median sale price
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Union County Market Health

Data through Jan 31, 2015
  • 4.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 11.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Cities in Union County

Name Median ZHVI
Suches $183,400
Young Harris $174,400
Blairsville $168,000

Listings & Sales

Data through Jan 31, 2015
  • $132 Median list price / sq ft
  • $113 Median sale price / sq ft
  • No data Listings with price cut
29.9%
Sold below listing
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Union County Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,067 Union County
    $1,148 Georgia
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $800 Rent list price
  • No data Rent list price / sq ft
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