Comprehensive market data and analysis• Updated Oct 2026
1.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | 2 | 2 | 2 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 3 | 3 | 4 |
Acreage buckets
The median price for land in Union, Iowa is currently $28K per acre. For a typical parcel, the median sale price is $68K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $26K while premium lots reached $85K.
Union, Iowa is currently a very hot seller's market with 1.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Union, Iowa currently has 1.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Union, Iowa is 100.0%. The 12-month rate is 33.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Union, Iowa saw 4 properties sold, totaling $235K in sales volume. In just the last 3 months, 3 properties changed hands.
The median land price in Union, Iowa stands at $68K. This translates to roughly $28K per acre for the typical parcel size. The average price is $59K, showing a fairly consistent market.
Land in Union, Iowa typically sells within 28 days of listing. The median time on market is 26 days. Properties are moving quickly in the current very hot seller's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Union on LandyDandy.
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