Welcome to our 94587 real estate data hub, tailored for investors in Union City, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 94587 in Union City, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ALAMEDA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Union City, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Union City property market.
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Location Overview
- Zip Code: 94587
- City: Union City
- State: CA
- Metro Area: San Francisco-Oakland-Berkeley, CA
- County Name: ALAMEDA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $1,131,713
- Average Home Price (Single Family Homes): $1,160,600
- Average Monthly Rental Price (All Types): $2,592
- Price-to-Rent Ratio: 36
- Zillow Projected % appreciation from 4/2023-4/2024: -1.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,650
- Average 3 Bedroom Section 8 Rental Rates: $3,460
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 35.59
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 27.26
- Number of Units Offered in Section 8 in the County: 8078
- Number of Occupied Units in Section 8 in the County: 7751
- Percentage of Section 8 Units Occupied in the County: 96%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 361.02
- Total % Appreciation since 2000 (Government Data): 211.46
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -3.1%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -6.48%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.04%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.81%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 131.19%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 73.2%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 133.4%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.15%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.17%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 10.95%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 14.98%