Commercial Real Estate Market in Union, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
5 active listings and 85 off-market properties in Union, OR.
Market Trends
Union, OR spans 318.4 square miles in Union County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Union, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Union, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Union, OR runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Union, OR runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 53%
- Agricultural 26.6%
- Commercial 11.4%
- Industrial 6.3%
Largest Zones share of zoned land by district
Residential
Exclusive Farm
Agriculture Forest
Industrial
Commercial Amusement
Union, OR zones 1,597 acres across 10 districts. Commercial zoning covers 11.4% of zoned land, residential 53% and industrial 6.3%. The largest single district is Residential at 49.1%. For commercial buyers the practical constraint is that only 17.7% of land carries a commercial or industrial designation.
Residential (R)
This zone is intended for residential uses
Market overview
Demographics & Economy
Union, OR has 2,540 residents in 1,214 households. Density runs 8 people per square mile. Median household income here is $57,198 and median gross rent $1,049 a month.
2,540
Population
1,214
Households
2.1
Avg Household Size
45
Median Age
15%
College-Educated
89%
High-School Grad
318.4 sq mi
ZIP Area
8
Density / Sq Mi
$57,198
Median Household Income
$35,338
Median Earnings
$1,049
Median Rent
$225,100
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Union?
Commercial property in Union, OR asks an average of $437 per square foot.
What zoning applies to commercial property in Union?
Union, OR zones 1,597 acres across 10 districts, of which 11.4% is commercial and 6.3% industrial. The largest single district is Residential at 49.1% of zoned land. This zone is intended for residential uses Residential zoning covers 53% and open space 0%.
Where does Realmo's Union market data come from?
Realmo compiles Union, OR figures from 2 recent recorded sales, 5 active sale listings, 85 tracked off-market properties, the current Union zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Union, OR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,597 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
