2005 American Community Survey: Median Housing Value
October 3, 2006
2005 Median Housing Value sound bite transcripts:
Audio News Release
News ReleaseYou may Listen or download this story in .mp3 format.
National overview (TRT 0:22)
(Art Crecse):
The 2005 American Community Survey shows that for the nation as a whole, real median home value--which represents home value adjusted for inflation—increased from 127-thousand dollars in 2000 to 168-thousand dollars in 2005, and this represents an increase of about 32-percent.
You may Listen or download this story in .mp3 format.
San Diego, CA overview (TRT 0:23)
(Art Crecse):
There was phenomenal growth in San Diego in median home values. When you look at this in terms of real median home value—which means you adjust for inflation—the median home values grew tremendously from 249-thousand dollars in 2000 to 567-thousand dollars in 2005, and this represents an increase of about 32-percent.
You may Listen or download this story in .mp3 format.
Phoenix, AZ overview (TRT 0:27):
(Art Crecse):
The 2005 American Community Survey shows that in 2005 median home value was 184-thousand dollars, and when you talk about this in real terms--that is, adjusting for inflation--this means that the real median home values increased from 121-thousand dollars to 184-thousand dollars in Phoenix, which represented an increase of 51-point-nine percent.
You may Listen or download this story in .mp3 format.
Jacksonville, FL overview (TRT 0:29):
(Art Crecse):
The American Community Survey allows us to get annual updates of information about many places. Among these would be Jacksonville City, Florida, where, when we look at real median home values—that is, adjusting the values for inflation—real median home values increased from 95-thousand dollars in 2000 to 145-thousand dollars in 2005, and this represents an increase of 51-point-seven percent.
You may Listen or download this story in .mp3 format.
Lynchburg, VA overview (TRT 0:19):
(Art Crecse):
Now that we can measure characteristics for areas of 65-thousand or more, we now know that for Lynchburg, Virginia, real median home values increased by eight-point-two percent between 2000 and 2005, from 96-thousand dollars to 104-thousand dollars.
You may Listen or download this story in .mp3 format.
Fayetteville, AR overview (TRT 0:19):
(Art Crecse):
Now that we can measure characteristics for areas of 65-thousand or more, in the American Community Survey, we now know that, for instance, for Fayetteville City, Arkansas, the real median home values increased by 35-point-nine percent, from 111-thousand dollars to about 151-thousand dollars.
You may Listen or download this story in .mp3 format.
Greenfield, NC overview (TRT 0:20):
(Art Crecse):
Now that we can measure characteristics for areas of 65-thousand or more, this allows us to find, for instance, in Greenfield City, North Carolina, that real median home values increased by 10-and-a-half percent, from 104-thousand dollars to 115-thousand dollars.
You may Listen or download this story in .mp3 format.
Boynton Beach, CA overview (TRT 0:36):
(Art Crecse):
Real median home value—that is, home value adjusted for inflation—jumped in Boynton Beach from 98-thousand dollars in 2000 to 115-thousand dollars in 2005. The percent owner-occupied was about 72-point-nine percent. The median monthly owner costs was one-thousand three-hundred dollars, which really was not much different from the national average of one-thousand two-hundred ninety-five dollars, and the median gross rent was 1008-dollars in 2005.
You may Listen or download this story in .mp3 format.
Texas towns overview (TRT 0:29):
(Art Crecse):
This is the first time we’ve had full implementation of the sample which allows us to look at characteristics of cities of 65-thousand or more. Now, we can find information for places such as Baytown City in Texas. We find here the change in real median home values between 2000 and 2005 was 28-point-two percent. Another good example would be Missouri City, Texas, where the increase was 15-point-nine percent, and in Bryan City, Texas, was 12-and-a-half percent.
You may Listen or download this story in .mp3 format.
State ranking home value overview (TRT 0:22):
(Art Crecse):
With so many cities in California experiencing large increases in median home value, it is not surprising that California ranks first in median home value at 478-thousand dollars, followed by Hawaii at 454-thousand, and (the) District of Columbia at 384-thousand dollars. These numbers represent home values as reported by our respondents.
