Market Overview
Home Prices in Union Mills, NC
The median home value in Union Mills, NC is $243,180 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and down 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Union Mills are priced41% below average. Union Mills is part of the Forest City, NC metro area.
Over the past five years, Union Mills home values have risen by approximately20.3%, reflecting strong long-term appreciation in this market.
Price History
Union Mills Home Price Trend
City Comparison
Union Mills vs. National Median
At $243,180, homes in Union Mills cost 41% below the national median of $410,000. This makes Union Mills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Union Mills?
20% Down Payment
$48,636
on $243,180
Monthly P&I
$1,268/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,610/mo
incl. taxes & insurance
Income Needed
$64,400
gross annual (30% rule)
10% Down Option
$24,318
+ PMI applies
Loan Amount (20% dn)
$194,544
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 Mills, NC?
The median home value in Union Mills is $243,180 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Union Mills?
Over the past year, home values in Union Mills have increased by 4.1%. Over five years, prices have risen approximately 20.3%.
How much do I need to earn to buy a home in Union Mills?
To comfortably afford the median home price of $243,180 with a 20% down payment ($48,636) at today's rates (6.8%), you'd need a gross annual income of approximately $64,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Union Mills compare to the national average home price?
The national median home value is approximately $410,000. At $243,180, homes in Union Mills are 41% below the national average.
What metro area is Union Mills part of?
Union Mills is part of the Forest City, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.