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Home Values: 2000Home Values: 2000

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The value of home and property is an important measure of neighborhood quality, housing affordability and wealth.

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 country’s 115.9 million housing units were owner-occupied, single family homes on less than 10 acres.

In 2000, 55.2 million of the country’s 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

Census 2000 Question on

Housing Value

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Median home values more than doubled between 1950 and 2000.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.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.

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.Home values were highest in the West.

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SOUTH$96,300

MIDWEST$105,500

NORTHEAST$139,400

WEST$171,000

Median Values of Single-Family Homes: 2000Median Values of Single-Family Homes: 2000

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In Census 2000, as in 1990, Hawaii recorded the highest median value for single-family homes among states - $272,700.

In Census 2000, as in 1990, Hawaii recorded the highest median value for single-family homes among states - $272,700.

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State

2000Specified owner-occupied housing

units

Median(dollars)

Hawaii

California

Massachusetts

New Jersey

Washington

Connecticut

Colorado

Oregon

District of Columbia

173,861

5,527,618

1,187,871

1,701,732

1,157,462

728,244

903,259

653,869

76,289

272,700

211,500

185,700

170,800

168,300

166,900

166,600

152,100

157,200

Median Home Values: 2000Median Home Values: 2000

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State

2000Specified owner-occupied housing

units

Median(dollars)

Oklahoma

Mississippi

Arkansas

West Virginia

North Dakota

699,452

532,291

513,483

392,928

122,078

70,700

71,400

72,800

72,800

74,400

Median Home Values: 2000Median Home Values: 2000

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Oregon had the sharpest rise in median home value, up 78 percent.

Oregon had the sharpest rise in median home value, up 78 percent.

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Median Home Values: 1990 and 2000Median Home Values: 1990 and 2000

State

1990 2000 Median percent change. 1990

to 2000

Specified owner-

occupied housing

units

Median(dollars)

Median*(adjusted to 2000 dollars)

Specified owner-

occupied housing units

Median (dollars)

Oregon

Utah

Colorado

Minnesota

Maine

Vermont

511,829

303,724

637,629

894,345

214,663

89,157

67,100

68,900

82,700

74,000

87,400

95,500

85,700

88,000

105,700

94,500

111,700

122,000

653,869

427,244

903,259

1,117,489

254,866

105,962

152,100

146,100

166,600

122,400

98,700

111,500

77.5

66.0

57.6

29.5

-11.6

-8.6

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Counties with more expensive homes were primarily located in major metropolitan areas.

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, $495,200—more than four times the national median.

Among places with 100,000 people or more, Sunnyvale, California recorded the highest median single-family home value, $495,200—more 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.

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.

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.

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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$128,800

$96,900

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

Single-family homes with amortgage

Single-family homes without amortgage

Median Value of Single-Family Homes With a Mortgage vs. Homes Without a Mortgage: 2000

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The median value of homes varied by type of structure.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.

The median value of new homes was higher than that of older homes.

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For More InformationFor More Information

Call our Customer Services

Center at: 301-763-INFO (4636)

Call our Customer Services

Center at: 301-763-INFO (4636)

Visit the Census Bureau’s website: http://www.census.govVisit the Census Bureau’s website: http://www.census.gov