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Median Price of Homes Purchased Rose 2.3 Percent to $110,000

Home News
July 14, 2013
Reading Time: 2 mins read

Some highlights for the U.S. include:

Physical Characteristics

• The median year occupied homes were built in the U.S. was 1974.
• Nationally, piped gas was the most prevalent home heating source, used by 50.4 percent of occupied homes. Electricity was used by 35.3 percent.
• Among owner-occupied homes in the U.S., 46.3 percent had working carbon monoxide detectors.
• Among all U.S. homes, 72.5 percent of owner-occupied units had central air.

Financial Characteristics

•Median monthly expenditures for homeowners in the U.S. totaled $151 for real estate taxes, $121 for electricity and $58 for property insurance.
•Among U.S. owner-occupied homes, 65.4 percent had a regular and/or home equity mortgage and 23.4 percent had a refinanced primary mortgage.
•The median monthly mortgage payment for homeowners was $1,015 in 2011.

For a complete set of tables from the American Housing Survey, definitions, sample design, and more, click here.

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