Home Values: 2000

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Home Values 2000
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The value of home and property is an important
measure of neighborhood quality, housing
affordability and wealth.
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In 2000, 55.2 million of the countrys 115.9
million housing units were owner-occupied, single
family homes on less than 10 acres.
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Census 2000 Question on Housing Value
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Median home values more than doubled between 1950
and 2000.
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Homeowners aged 45 to 54 lived in the
highest-priced homes.
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The median value of homes owned by Asian
householders was more than 50 percent higher than
the national median.
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Home values were highest in the West.
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Median Values of Single-Family Homes 2000
NORTHEAST 139,400
MIDWEST 105,500
SOUTH 96,300
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In Census 2000, as in 1990, Hawaii recorded the
highest median value for single-family homes
among states - 272,700.
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Median Home Values 2000
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Median Home Values 2000
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Oregon had the sharpest rise in median home
value, up 78 percent.
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Median Home Values 1990 and 2000
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Counties with more expensive homes were primarily
located in major metropolitan areas.
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Among places with 100,000 people or more,
Sunnyvale, California recorded the highest median
single-family home value, 495,200more than four
times the national median.
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Flint, Michigan recorded the lowest median home
value among places of 100,000 or more.
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Cambridge, Massachusetts, had the highest
percentage of homes valued at 1 million or more.
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The median value of single-family homes with a
mortgage was much higher than the median value of
those without a mortgage.
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The median value of homes varied by type of
structure.
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The median value of new homes was higher than
that of older homes.
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