Union County, Florida Housing Market
In Union County, Florida, the median home value is $169,500, with a median monthly rent of $894. This places Union County at #1811 nationally out of 3134 counties by median home value, and #55 within Florida.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $948
- Establishments: 192
- BLS QCEW, 2025
Housing Supply
- Single-family: 45
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,401 (avg $57,746)
- Outflow: 4,133 (avg $58,318)
- IRS Statistics of Income
📝 Editor's Insight
None
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Union County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Union County →How Union County Compares
| Metric | Union County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $169,500 | $284,325 | $227,706 |
| Median Gross Rent | $894 | $1,303 | $968 |
| Owner Occupancy Rate | 74.7% | 74.6% | 73.3% |
| Price/Rent Ratio | 15.8 | 17.6 | 18.7 |
Market Analysis
The median home value in Union County is 40.4% below the Florida state average and 25.6% below the U.S. national average. The median rent of $894/month is 31.4% below the state average.
With a price-to-rent ratio of 15.8, the buy-vs-rent decision in Union County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Union County has an owner-occupancy rate of 74.7%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Kingsbury County | South Dakota | $169,500 | $685 |
| Jefferson County | Texas | $169,500 | $1,117 |
| Greene County | Arkansas | $169,300 | $904 |
| Newton County | Arkansas | $169,300 | $617 |
| Cottonwood County | Minnesota | $169,300 | $817 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Washington County | $171,000 | $888 | 80.0% |
| Suwannee County | $171,600 | $884 | 74.9% |
| DeSoto County | $174,100 | $932 | 72.5% |
| Gadsden County | $174,900 | $851 | 70.7% |
| Putnam County | $160,300 | $906 | 75.4% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).