Thursday, September 15, 2016

Median Home Value Rises in 2015

Home values are rising, according to America's homeowners. The median value of owned homes climbed by a substantial 7.2 percent between 2014 and 2015, after adjusting for inflation. The nation's homeowners estimated their home's value to be a median of $194,500 in 2015, according to the American Community Survey. This is 10 percent more than the post-Great Recession low of $176,931 in 2013, but still 12 percent below the all-time high of $222,108 in 2007.

Median housing value, 2007 to 2015 (in 2015 dollars)
2015: $194,500
2014: $181,415
2013: $176,931
2012: $177,458
2011: $182,921
2010: $195,543
2009: $204,606
2008: $217,529
2007: $222,108

Source: Census Bureau, American Community Survey

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