Union County, Florida Housing Market Prices
Union County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 12% below the Florida median$275,000
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Median rent 46% below the Florida median Cheaper than 82% of counties in Florida$893
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Union County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $275,000 | $311,338 | $248,835 |
| Price Trend (Annual %) | 33.0% | 11.2% | 7.5% |
| Median Gross Rent | $893 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 5.4% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Union County is about 12% lower than in Florida. Rent is about 46% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Union County, up about 33.0% and 5.4% a year respectively. Home prices are changing faster.
Median rent in Union County rose about 39.7% between 2015 and 2024, from $639 to $893. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Union County.
Buying the median-priced home in Union County costs roughly 25.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Union County. The price-to-rent ratio in Florida is about 15.6.
| Metric | Union County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $275,000 | $311,338 | $248,835 |
| Median Household Income | $64,093 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.3 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Union County rose about 113.7%, while median household income rose about 48.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Union County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.8% | 57.7% | 58.5% |
| Rental Rate | 22.6% | 27.7% | 31.2% |
| Vacancy Rate | 10.7% | 14.6% | 10.2% |
| Median Tenure (years) | 16.0 | 13.0 | 15.0 |
| Median Year Moved In | 2010 | 2013 | 2011 |
Union County has a homeownership rate of 66.8%, higher than the Florida average of 57.7%. Its housing vacancy rate is 10.7%, compared with 14.6% in Florida.
Housing Stock
| Metric | Union County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.60 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1992 | 1988 | 1978 |
| Median Number of Rooms | 5.5 | 5.2 | 5.5 |
The typical housing unit in Union County was built around 1992. On average, 2.6 people live in a home with about 5.5 rooms, staying for about 16.0 years on average.
Union County, FL Housing Compared With Nearby Counties
Union County, FL is the smallest of the 6 counties compared here, 15,701 residents against a local median of 71,789. Union County, FL's median rent, at $893, runs 31% below the $1,301 typical of the counties around it.
The counties themselves spread $688 on median rent, so Union County, FL sits at one end of an already wide local range rather than apart from it. Union County, FL has the 5th highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Union County, FL | 15,701 | $275,000 #4/6 | $893 #5/6 | 74.7% #3/6 |
| Bradford County, FL | 27,885 | $280,178 | $863 | 73.3% |
| Baker County, FL | 28,430 | $1,138,889 | $1,301 | 85.1% |
| Columbia County, FL | 71,789 | $109,269 | $975 | 72.5% |
| Alachua County, FL | 285,474 | $163,632 | $1,338 | 54.1% |
| Clay County, FL | 225,443 | $279,761 | $1,551 | 75.7% |
Frequently Asked Questions
Common questions about the housing market in Union County, Florida.
What is the median home price in Union County, Florida?
The median home price in Union County, Florida is $275,000, lower than the Florida average of $311,338.
What is the average home price in Union County, Florida?
The typical home price in Union County, Florida, reported as the median sale price, is $275,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Union County, Florida?
The median gross rent in Union County, Florida is $893 per month, lower than the Florida average of $1,668.
What was the median gross rent in Union County in 2020?
In 2020, the median gross rent in Union County, Florida was $671 per month.
What is the price-to-rent ratio in Union County, Florida?
The price-to-rent ratio in Union County, Florida is about 25.7, meaning it would take roughly 25.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Union County.
Are home prices or rent rising faster in Union County, Florida?
Both home prices and rent are rising in Union County, up about 33.0% and 5.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Union County, Florida?
66.8% of households in Union County, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Union County, Florida?
The housing vacancy rate in Union County, Florida is 10.7%, lower than the Florida average of 14.6%.
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