The states with the highest
median home values also pay some of the highest minimum wages, but we found that these weren't enough to offset the expense of a down payment.
However, a low
median home value also plays a role in the low property taxes paid.
The lower $ 487,600
median home value also doesn't bode well for home buyers, indicating they'll be trying to purchase in a market that favors sellers.
The lower $ 487,600
median home value also doesn't bode well for homebuyers, indicating they'll be trying to purchase in a market that favors sellers.
Not exact matches
Property taxes paid
also are relatively high because the
median home value and tax rate are higher than in more than half of the states.
It
also displays
median property tax payments and
median home values for every county.
We
also considered income distribution, the percentage of children living in poverty,
median home values and the percentages of adults holding high school and bachelor degrees in these school districts.
The
median home value is $ 159,000 in Fresno, which means that those same people who give off the youthful vibe of the city
also can afford to own
homes here, unlike most of the rest of California, where $ 349,000 is the
median.
Also home to the University of Texas at Austin, the city reported a
median household income a few thousand dollars higher than the national
median, while the
median owner - occupied
home value stood close to $ 280,000.
States like Connecticut and Massachusetts, which have among the highest
median home values in the U.S.,
also have among the highest mortgage debt.
Also coming in higher than the statewide average is the
median home value in McKinney, at $ 194,900.
We
also looked at data on
median home values in each state to determine where it would take the longest to save for a down payment on a
home at the minimum wage.
Bay Staters
also have the fifth - highest
home values, with a
median value of $ 334,100.
The
median home value is $ 159,000 in Fresno, which means that those same people who give off the youthful vibe of the city
also can afford to own
homes here, unlike most of the rest of California, where $ 349,000 is the
median.
Overall in Brooklyn, the
median home value is $ 537,500, though that
also is subject to variations based on specific areas within Brooklyn.
With a
median home value of over $ 400k, Falmouth homeowners
also have some of the more expensive
homes in the state (more than double the state average
home value).
Likewise, sale prices in Victoria are
also well clustered around a slightly higher
median sale price of $ 530,000, compared to the overall market
median home value of $ 826,000.
Specifically for that reason, the full article on which the blog post is based (http://www.nahb.org/generic.aspx?sectionID=734&genericContentID=176691&channelID=311) provides a table with all 384 metro areas listed alphabetically, and for each shows • population • #owner - occupied units •
home - ownership rate • homeowner vacancy rate • % single - family detached •
median home value •
median income of
home owners • increase in owner - occupied units • % built recently The table
also shows where a metro ranks according to each one of these measures.
It
also shows
median property tax payments and
median home values for every county.
While the county does have very high
home values, with a
median value of $ 518,400, it
also has high property tax rates.
Median home values in Washington County
also vary widely depending where you live.
In honor of the recent Presidents Day, Zillow analyzed
home values for tens of thousands of
homes nationwide located on streets named after presidents to determine which streets had the highest
median home values, and
also counted which presidential streets had the most
homes on them.