What is the median home value in Union Township (Shelby County), IN?

The median value of owner-occupied homes in Union Township (Shelby County), IN is $256,400 (±$36,612), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Union Township (Shelby County), the median home value went from $205,700 in 2015–2019 to $256,400 in 2020–2024 (+24.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$256,400 (±$36,612)
Owner-occupied homes
347 (±99)
Most common range
$200,000 to $299,999

Home values in Union Township (Shelby County)

Owner-occupied homes by value, 2020–2024
ValueUnion Township (Shelby County)Shelby CountyIndianaUnited States
Less than $50,0007.5% (±11.4 points)6.3%6.0%5.3%
$50,000 to $99,9995.5% (±5.7 points)9.4%10.1%6.1%
$100,000 to $149,9992.3% (±3.6 points)13.9%12.7%6.8%
$150,000 to $199,99915.0% (±12.8 points)16.7%15.8%9.0%
$200,000 to $299,99936.3% (±15.4 points)25.6%25.1%17.8%
$300,000 to $499,99915.3% (±11.3 points)19.7%21.8%26.9%
$500,000 to $999,99916.1% (±11.4 points)7.8%7.3%20.9%
$1,000,000 or more2.0% (±3.2 points)0.6%1.2%7.1%

The most common range is $200,000 to $299,999, 36.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Union Township (Shelby County) against Shelby County, its state and the nation

Estimate (90% margin of error)
Union Township (Shelby County)Shelby CountyIndianaUnited States
Median home value$256,400 (±$36,612)$212,400 (±$10,111)$218,200 (±$739)$332,700
Owner-occupied homes347 (±99)13,368 (±448)1,916,243 (±9,865)84,210,142

In Union Township (Shelby County), the median home value is higher than in Shelby County ($212,400).

It is also higher than in Indiana ($218,200).

It is lower than the national figure ($332,700).

In Shelby County, Union Township (Shelby County) ranks 6 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 277 of 1,574.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Union Township (Shelby County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$205,700 (±$77,089)$256,400 (±$36,612)+24.6%No measurable change after inflation
Median owner cost with a mortgage$1,643 (±$227)$1,628 (±$124)−0.9%Down after inflation
Median real estate taxes$1,335 (±$191)$1,470 (±$917)+10.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Union Township (Shelby County)

Nearest places with a published estimate, compared with Union Township (Shelby County)
PlaceDistanceMedian home valueCompared with this place
Union Township (Shelby County)—$256,400 (±$36,612)—
Marion Township (Shelby County)4.0 mi$244,300 (±$41,832)Not measurably different
Walker Township (Rush County)5.0 mi$160,800 (±$44,696)Lower
Hanover Township (Shelby County)5.5 mi$189,500 (±$30,909)Lower
Shelbyville6.3 mi$174,700 (±$14,772)Lower
Addison Township6.5 mi$178,600 (±$13,458)Lower
Posey Township (Rush County)6.7 mi$222,000 (±$89,813)Not measurably different
Liberty Township (Shelby County)7.1 mi$260,500 (±$17,743)Not measurably different
Orange Township (Rush County)8.0 mi$358,900 (±$46,768)Higher

Nearby places with a measurably lower figure: Walker Township (Rush County), IN ($160,800), Hanover Township (Shelby County), IN ($189,500), Shelbyville, IN ($174,700).

Nearby places with a measurably higher figure: Orange Township (Rush County), IN ($358,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Shelby County, place by place

RankPlaceMedian home value
1Jackson Township (Shelby County)$341,500 (±$60,466)
2Van Buren Township (Shelby County)$328,400 (±$45,908)
3Moral Township$301,200 (±$39,826)
4Hendricks Township$293,800 (±$144,037)
5Liberty Township (Shelby County)$260,500 (±$17,743)
6Union Township (Shelby County)$256,400 (±$36,612)
7Brandywine Township (Shelby County)$250,400 (±$45,004)
8Marion Township (Shelby County)$244,300 (±$41,832)
9Sugar Creek Township (Shelby County)$234,600 (±$57,201)
10Shelby Township (Shelby County)$217,600 (±$50,544)
11Hanover Township (Shelby County)$189,500 (±$30,909)
12Fairland$186,600 (±$91,075)

Showing 12 of 17 places in Shelby County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Union Township (Shelby County)

What is the average home value in Union Township (Shelby County), IN?

The Census Bureau publishes the median: $256,400 (±$36,612) for owner-occupied homes in Union Township (Shelby County) (2020–2024 American Community Survey).

Have home values in Union Township (Shelby County) gone up?

In Union Township (Shelby County), the median home value went from $205,700 in 2015–2019 to $256,400 in 2020–2024 (+24.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Union Township (Shelby County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Union township, Shelby County, Indiana (county subdivision:77642, in state:18 county:145).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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