According to the 2012 American Community Survey (ACS), the median value of owner-occupied homes in the United States is $171,900. Nationally, median housing value has declined by a substantial 20 percent since its 2007 peak of $215,152 (in 2012 dollars). One factor behind the ongoing decline in home values is the drop in the homeownership rate as younger adults opt to rent rather than buy. The ACS data show that the nation's homeownership rate fell from 67.2 percent in 2007 to 63.9 percent in 2012.
Median housing value, 2007 to 2012 (in 2012 dollars)
2012: $171,900
2011: $177,193
2010: $189,419
2009: $198,198
2008: $210,716
2007: $215,152
Source: Census Bureau, American Community Surveys on American Factfinder
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