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).
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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.
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Related to MEDIAN HOME VALUE

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • 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.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • 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