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Union, KY

Full City Profile · Kentucky · Boone County County

4.0 /5.0
A Great
7,494 Population 1,946/sq mi density
$139,013 Median Income $54,974 per capita
$382,900 Home Value $454,255 Zillow
$1,721 Median Rent 24.4% income on rent
53°F Avg Temperature 293 sunny days/yr
195 Violent Crime/100K 4,659 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$139,013 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$382,900 home value, $1,721/mo rent
F
Safety
1.0 / 5.0
195 violent crimes/100K
A+
Education
5.0 / 5.0
59.4% bachelor's degree or higher

Housing Overview

Median Home Value
$382,900
36% above
US avg: $281,900
Median Rent
$1,721/mo
48% above
US avg: $1,163/mo
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
2,517
Median year built: 2004

Home Value by Source

Census Median
$382,900
Zillow (ZHVI)
$454,255
Median Sale Price
$442,450
Median List Price
$522,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.6%
Owner-Occupied
12.4%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$651/mo
1 Bedroom
$694/mo
2 Bedroom
$911/mo
3 Bedroom
$1,092/mo
4 Bedroom
$1,206/mo
Census median rent: $1,721/mo

Market Indicators (Redfin)

Median Days on Market
206 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
26.5%
of listings with price reduction
Price Per Sq Ft
$192
Active Inventory
34
homes for sale

Affordability & Housing Stock

Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
2004
Average age of housing stock: 22 years
Homeownership Rate
87.6%

Complete Housing Data

Home Values

Census Median Value$382,900
Zillow Home Value (ZHVI)$454,255
Median Sale Price$442,450
Median List Price$522,450
Price Per Sq Ft$192

Rent

Census Median Rent$1,721
FMR Studio$651
FMR 1-Bedroom$694
FMR 2-Bedroom$911
FMR 3-Bedroom$1,092
FMR 4-Bedroom$1,206

Market

Days on Market206
Sale-to-List Ratio1.0%
Price Drops26.5%
Homes Sold6
Active Inventory34
Price Per Sq Ft$192

Ownership & Stock

Owner-Occupied87.6%
Renter-Occupied12.4%
Homeownership Rate87.6%
Total Housing Units2,517
Median Year Built2004
Rent Burden24.4%