Real Estate Market

Last updated: September 2026

📈 12-Month Price Trend — Union

Median home price over the last 12 months. Source: Zillow Research.

📋 Market Summary

🏘️ Housing Profile

Source: US Census Bureau, American Community Survey 5-Year Estimates.

🗺️ Nearby County Comparison

🏠 Buying a Home in Union

Union, Ohio offers a compelling entry point into the greater Dayton metro real estate market, with a median home price of $410,711. While this sits above the national median, it reflects the strong desirability of this Montgomery County community, where residents enjoy a suburban lifestyle with easy access to Dayton's employment centers. The price point is particularly meaningful when viewed alongside the community's median household income of $104,496, suggesting that many Union families are well-positioned to afford homeownership here. That income-to-price ratio gives buyers a reasonable foundation for qualifying for conventional mortgages, especially compared to markets where home prices have grown far faster than local wages. Market conditions in Union reflect a community with genuine long-term stability. The month-over-month price increase of 0.4% signals a steady, measured appreciation rather than the volatile swings seen in larger metropolitan areas. This kind of incremental growth tends to protect buyers from the risk of purchasing at an inflated peak, making Union an attractive option for those looking for predictable equity building over time. The 80.4% homeownership rate — well above the national average — further underscores that residents here are deeply invested in their community, which helps maintain neighborhood quality and property values across the city. For buyers preparing to enter the Union market, a few strategic tips can make a significant difference. First, get pre-approved before you begin your search, as sellers in desirable suburban communities like Union tend to favor buyers who demonstrate financial readiness. Working with a local real estate agent who has specific experience in the Montgomery County market will also give you an edge, as they'll understand neighborhood nuances, school district boundaries, and pricing patterns that broader data simply can't capture. Budget carefully for closing costs, which in Ohio typically range from 2% to 5% of the purchase price, and factor in property taxes, which vary by township but are an important part of your total cost of ownership. What makes Union particularly attractive to buyers is the combination of community character and practical livability. The city's high homeownership rate means you're buying into neighborhoods where people tend to put down roots, maintain their properties, and invest in their surroundings. Union's location in the Dayton metro provides access to major employers, healthcare facilities, and retail amenities without the congestion and cost of living in a larger urban core. For families, professionals, and anyone seeking a stable, welcoming Ohio community, Union represents one of the more balanced opportunities in the region — solid value, a strong local economy, and the kind of neighborhood atmosphere that makes homeownership feel like a sound life decision, not just a financial one.

🏢 Renting in Union

Renters in Union, Ohio will find a market that is relatively affordable compared to many comparable suburban communities in the Midwest. The median monthly rent of $1,144 offers access to a community with strong infrastructure, good schools, and proximity to Dayton without demanding the premium rents associated with larger cities. While rental inventory can be limited in a community where 80.4% of residents own their homes, this also means that available rental properties tend to be well-maintained and situated in established neighborhoods. Renters willing to do their homework and act quickly when listings appear can secure solid housing in a community that punches well above its weight in terms of quality of life. At $1,144 per month, renters in Union can typically expect single-family homes or townhomes with two to three bedrooms, particularly in neighborhoods where landlords have converted or maintained properties as long-term rentals. The limited rental supply relative to the overall housing stock means that apartments and standalone rental homes alike tend to attract interest quickly. Renters should expect to provide thorough documentation — proof of income, rental history, and references — as Union landlords typically have the luxury of being selective given the market dynamics. Utilities, lawn care, and other costs vary by property type, so it's important to clarify what's included in monthly rent before signing a lease.

📖 Union Real Estate Market History

Union, Ohio's real estate history is deeply intertwined with the broader economic story of the Dayton metropolitan area. Like many communities in southwestern Ohio, Union developed significantly during the mid-20th century as manufacturing and industrial growth in the Dayton region created a steady demand for suburban housing. Workers employed by major Dayton-area employers in automotive, aerospace, and defense industries sought the relative quiet and space of communities like Union, driving steady residential development that laid the groundwork for the city's current housing stock. This period of growth produced the mix of mid-century ranch homes and later subdivision developments that still characterize much of Union's residential landscape today. The economic drivers shaping Union's real estate market have evolved considerably over the decades. While manufacturing remains part of the regional employment picture, the Dayton metro has diversified significantly, with healthcare, logistics, education, and technology sectors all contributing to the area's economic base. Wright-Patterson Air Force Base, one of the largest and most economically significant military installations in the United States, has long been a stabilizing force for the entire region, providing thousands of direct and indirect jobs that support consistent housing demand across communities like Union. This institutional anchor helps explain why Union's market has historically been more resilient than many comparable Midwest communities during national economic downturns. Over the past decade, Union's real estate market has followed broader national trends toward tightening inventory and rising home values, though at a pace that has remained more measured than coastal or Sun Belt markets. The shift toward remote and hybrid work following 2020 brought renewed interest in smaller, affordable Midwest communities, and Union benefited from buyers seeking more space and lower costs than major metropolitan areas could offer. Homeownership rates have remained exceptionally high throughout this evolution, reflecting a community where long-term residency and neighborhood stability are cultural norms rather than exceptions. Today's market — with a median price just above $410,000 and steady month-over-month appreciation — represents the cumulative result of decades of organic, demand-driven growth rooted in Union's genuine livability.

❓ Frequently Asked Questions

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Data sourced from Zillow Research and Redfin Data Center. Updated monthly.