Market Overview
Home Prices in Union Grove, NC
The median home value in Union Grove, NC is $381,166 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.1% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Union Grove are priced7% below average. Union Grove is part of the Charlotte-Concord-Gastonia, NC-SC metro area.
Over the past five years, Union Grove home values have risen by approximately34.6%, reflecting strong long-term appreciation in this market.
Price History
Union Grove Home Price Trend
City Comparison
Union Grove vs. National Median
At $381,166, homes in Union Grove cost 7% below the national median of $410,000. This makes Union Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Union Grove?
20% Down Payment
$76,233
on $381,166
Monthly P&I
$1,988/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,525/mo
incl. taxes & insurance
Income Needed
$101,000
gross annual (30% rule)
10% Down Option
$38,117
+ PMI applies
Loan Amount (20% dn)
$304,933
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 Grove, NC?
The median home value in Union Grove is $381,166 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.1% year-over-year.
How much have home prices changed in Union Grove?
Over the past year, home values in Union Grove have increased by 10.1%. Over five years, prices have risen approximately 34.6%.
How much do I need to earn to buy a home in Union Grove?
To comfortably afford the median home price of $381,166 with a 20% down payment ($76,233) at today's rates (6.8%), you'd need a gross annual income of approximately $101,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Union Grove compare to the national average home price?
The national median home value is approximately $410,000. At $381,166, homes in Union Grove are 7% below the national average.
What metro area is Union Grove part of?
Union Grove is part of the Charlotte-Concord-Gastonia, NC-SC metropolitan area. Home prices and market conditions can vary across the broader metro region.