24983, Union, WV

Union, WV is located in the 24983 zip code. The Union zip code has a population of approximately 9,000 people. Home equity and home prices in the Union zip code have been increasing over the past few years. In 2016, the median home value was $130,000. This is an increase from 2015 when the median home value was $125,000.

There are a number of factors that may contribute to this increase in home values in Union. One reason may be that Union is a growing city with new businesses and homes being built. Additionally, Union has low crime rates which may make it a desirable place to live. Another factor that may contribute to increased home values in Union is the low interest rates currently available on mortgages. This makes it possible for more people to purchase homes than would otherwise be able to do so due to high interest rates.

Despite these positive factors, there are also some challenges facing homeowners in the Union zip code when it comes to buying or selling their homes. One challenge is that there are not many vacant homes for sale or rent which could lead to higher prices if there were more available for purchase or rental. Additionally, there may be competition from other buyers or renters who are looking to purchase or rent homes in the Union zip code at higher prices than average due to its growing popularity.