68455, Union, NE

Union, Nebraska is located in the 68455 zip code. The median home value in this zip code is $128,000. Home equity in Union has increased by an average of 9% over the past year. This increase can be attributed to a combination of factors such as low interest rates and strong job growth.

Union has seen a steady increase in home values over the past few years. In fact, according to Zillow, the Union zip code has seen the third-highest increase in home values among all Nebraska zip codes since 2013. This trend is likely to continue as Union continues to experience strong job growth and low interest rates.

One important factor that affects home prices is interest rates. Currently, Union's average interest rate is just 2%. This low interest rate makes it easier for buyers to qualify for mortgages and also encourages more people to buy homes here. Low interest rates are likely to continue in Union for some time as long as there are no major economic or political events that could cause them to change direction.

Another important factor that affects home prices is population growth. As more people move into Union, they demand more housing options and this drives up prices. However, population growth isn't always positive; it can lead to congestion and other problems that affect quality of life. It's important for residents and businesses alike to keep an eye on population trends so they can make informed decisions about how best to accommodate growing demand without causing negative consequences for everyone involved