Market Overview
Home Prices in Union, MS
The median home value in Union, MS is $116,233 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9% compared to a year ago and down 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Union are priced72% below average.
Over the past five years, Union home values have fallen by approximately8.3%, reflecting softening conditions in this market.
Price History
Union Home Price Trend
2021
$126,727
$127K
—
2022
$138,498
$138K
+9.3%
2023
$128,200
$128K
-7.4%
2024
$133,638
$134K
+4.2%
2025
$127,692
$128K
-4.4%
2026
$116,233
$116K
-9.0%
City Comparison
Union vs. National Median
🏠 Union
$116,233
National Median
$410,000
At $116,233, homes in Union cost 72% below the national median of $410,000. This makes Union a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Union?
20% Down Payment
$23,247
on $116,233
Monthly P&I
$606/mo
30-yr @ 6.8%
Total Monthly Est.
~$770/mo
incl. taxes & insurance
Income Needed
$30,800
gross annual (30% rule)
10% Down Option
$11,623
+ PMI applies
Loan Amount (20% dn)
$92,986
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Union, MS?
The median home value in Union is $116,233 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9% year-over-year.
How much have home prices changed in Union?
Over the past year, home values in Union have decreased by 9%. Over five years, prices have fallen approximately 8.3%.
How much do I need to earn to buy a home in Union?
To comfortably afford the median home price of $116,233 with a 20% down payment ($23,247) at today's rates (6.8%), you'd need a gross annual income of approximately $30,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Union compare to the national average home price?
The national median home value is approximately $410,000. At $116,233, homes in Union are 72% below the national average.