Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 6,582, 2,242 total housing units (homes and apartments), and a median house value of $346,108, Union Gap real estate values are some of the lowest in Washington, although compared to real estate around the nation, Union Gap homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Union Gap, accounting for 68.01% of the city's housing units. Other types of housing that are prevalent in Union Gap include mobile homes or trailers ( 22.08%), row houses and other attached homes ( 4.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.49%).
The most prevalent building size and type in Union Gap are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.29% owning and 38.71% renting.
There is a lot of housing in Union Gap built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Union Gap built between 1940-1969 ( 38.23%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.04%). There's also some housing in Union Gap built before 1939 ( 9.70%).
Appreciation rates for homes in Union Gap have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 104.78%, which ranks in the top 30% nationwide. This equates to an annual average Union Gap house appreciation rate of 7.43%.
NeighborhoodScout's data show that during the latest twelve months, Union Gap's appreciation rate, at 4.45%, has been at or slightly above the national average. In the latest quarter, Union Gap's appreciation rate has been -0.60%, which annualizes to a rate of -2.36%.
Relative to Washington, our data show that Union Gap's latest annual appreciation rate is higher than 90% of the other cities and towns in Washington.
$346,108
for Washington
for nation
2,242
$1,545 / per month