Union County, Pennsylvania Housing Market

In Union County, Pennsylvania, the median home value is $240,100, with a median monthly rent of $974. This places Union County at #982 nationally out of 3134 counties by median home value, and #21 within Pennsylvania.

Median Home Value $240,100
Median Rent $974/mo
Owner Occupancy 72.3%
Price/Rent Ratio 20.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Union County rose +11.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

14,714
jobs (private sector)
  • Avg weekly wage: $1,121
  • Establishments: 944
  • BLS QCEW, 2025
🏗️

Housing Supply

63
new units authorized (2025)
  • Single-family: 63
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+778
net migration (filers, 2021-2022)
  • Inflow: 15,238 (avg $85,604)
  • Outflow: 14,460 (avg $84,760)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Union County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 17837 268.0 +9.82% 2025
2 17844 232.1 +4.87% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Union County Compares

MetricUnion CountyPennsylvania AverageU.S. Average
Median Home Value $240,100 $212,079 $227,706
Median Gross Rent $974 $990 $968
Owner Occupancy Rate 72.3% 74.2% 73.3%
Price/Rent Ratio 20.5 17.5 18.7

Market Analysis

The median home value in Union County is 13.2% above the Pennsylvania state average and 5.4% above the U.S. national average. The median rent of $974/month is 1.6% below the state average.

With a price-to-rent ratio of 20.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Union County has an owner-occupancy rate of 72.3%, compared to 74.2% in Pennsylvania and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Jefferson County Alabama $240,000 $1,193
Lee County North Carolina $240,200 $1,017
Morrow County Oregon $240,400 $995
Cooke County Texas $240,400 $1,047
Franklin County Virginia $240,400 $829

Other Counties in Pennsylvania

CountyMedian Home ValueMedian RentOwner Occ.
Lebanon County $242,000 $1,110 71.3%
Wayne County $242,100 $1,038 80.5%
Philadelphia County $243,100 $1,397 51.8%
Perry County $236,400 $874 81.8%
Dauphin County $236,400 $1,217 63.1%

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).