MEDIAN HOME VALUE definition

MEDIAN HOME VALUE. (MHV) means that one half of all homes were worth more and one-half were worth less. The midway point of all the houses/units sold at market price (or sold amount) over a set period (monthly, yearly, quarterly, etc.). (See US Census Reports).
MEDIAN HOME VALUE means the respective median residential property value as certified in the 2018 sexennial reappraisal, as may be revised in the 2021 triennial update.

Examples of MEDIAN HOME VALUE in a sentence

  • NUMBER OF RESIDENTS MEDIAN AGE PER CAPITA INCOME ($) MEDIAN HOME VALUE ($) (2013–2017) MEDIAN HOUSEHOLDINCOMESources: CMAP Community Data Snapshots (2016), Census data (2013-2017) and CDC BRFSS The Economic and Health Conditions in Southeast Cook County Research shows that the presence of green space can positively benefit a community’s physical health, financial well-being, resiliency, and social cohesion .

  • ESTIMATED POPULATION3,800 ESTIMATED HOUSEHOLDS1,103 ESTIMATED MEDIAN HOUSEHOLD INCOME$45,766ESTIMATED MEDIAN HOME VALUE &1MILE3MILE5MILEYEAR BUILT$129.342 1984 3 MILEESTIMATED POPULATION47,314 ESTIMATED HOUSEHOLDS14,899 ESTIMATED AVG.

  • HOUSEHOLD INCOME$46,798ESTIMATED MEDIAN HOME VALUE &YEAR BUILT$118,577 1984 5 MILEESTIMATED POPULATION166,818 ESTIMATED HOUSEHOLDS53,298 ESTIMATED AVG.

  • TABLE II-3: HOUSING VALUE (Owner Occupied Units), 2000 Source: U.S. Census TABLE II-4: MEDIAN HOME VALUE, 1990-2006 1990 2000% Increase2006% IncreaseVillage of AirmontRockland County$226,300 $253,500$217,100 $242,500Source: 2000 U.S. Census and 2006 American Communities Survey 2 Based on person communication with the Building Department Clerk, August, 2007.

Related to MEDIAN HOME VALUE

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.