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Thread: US Census and reported home values

  1. #1
    Cyburbia Administrator Dan's avatar
    Mar 1996
    Upstate New York
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    US Census and reported home values

    The 2000 US Census demographic summaries include a breakdown of owner-occipied home values, along with the median for a geographic area. Even adjusted for inflation, though, these always seem a bit low.

    In your opinion, how much lower are the 2000 Census median home values, compared to 2000 real median home values?

    Note: I cannot get median home sales prices or values from the county appraiser.

  2. #2
    Cyburbian Cardinal's avatar
    Aug 2001
    The Cheese State
    I don't have any firm idea, but I have always found the Census numbers to be very low. Maybe half as much? Anyway, they are resident-provided and essentially worthless. Your local real estate board typically tracks home sales and reports an "average selling price" on a monthly basis. I have always found this to be the most useful statistic for home value.
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