Home prices
The median home value in Union City is $340,800. This is roughly $100,240 (22%) lower compared to its surrounding areas.Compared to the nation as a whole it is roughly $123,300 (56%) higher, and in comparison to the city of New York it is about $265,200 (43%) lower.
Rents
The median rent in Union City is $1,225 a month. Compared to other places in this area this is approximately $403 (24%) lower.Compared to the rest of the nation it is roughly $163 (15%) higher, and compared to the city of New York is approximately $218 (15%) lower.
Nearby places
Hoboken
Hoboken is Union City's neighbor to the south. The real estate prices there are a lot more expensive. The median home in Hoboken costs $720,700, which comes out to $379,900 (52%) higher than Union City. Rent there is significantly more expensive. The median rent in Hoboken is $2,315 a month, which comes out to $1,090 (47%) higher than Union City.
West New York
West New York is Union City's neighbor to the northeast. Real estate prices there are pretty similar. The value of the median home in West New York is $326,900, which comes out to $13,900 (4%) lower than Union City. Rents there are a bit more expensive. The median rent in West New York is $1,296 a month, which comes out to $71 (5%) higher than Union City.
Jersey City
Jersey City is Union City's neighbor to the southwest. Housing prices there are a bit more expensive. The cost of the median home in Jersey City is $373,700, which comes out to $32,900 (8%) higher than Union City. Rent there is somewhat more expensive. The median rent in Jersey City is $1,401 a month, which works out to $176 (12%) higher than Union City.
Secaucus
Secaucus is approximately 1 mile northwest of Union City. Its housing prices are a bit more expensive. The price of the median home in Secaucus is $460,800, which is $120,000 (26%) higher than Union City. Its rents are a bit more expensive. Secaucus's median rent is $1,689 per month, which is $464 (27%) higher than Union City.
Guttenberg
Guttenberg is about 2 miles northeast from Union City. Real estate prices there are somewhat less expensive. Guttenberg's median home price is $323,100, which comes out to $17,700 (5%) lower than Union City. The rent there is somewhat more expensive. In Guttenberg the median rent is $1,439 a month, which is $214 (14%) higher than Union City.
