I previously looked at the values of homes in How Much Are Peoples Homes Worth?
The American Housing Survey that I got that data from also breaks down home values into some specific demographics. Lets look at how home values break down for those demographic groups.
I got the data from the AHS site specifically the document :
Value, Purchase Price, and Source of Down Payment Table 3-14. Owner Occupied Units
First let us look at home values by the large geographic regions :
Homes are generally lower value in the South. The highest value homes are normally found in the West. The Midwest and Northeast are more often in the middle.
Next, New construction :
Not too surprising there. The values skew higher and theres very few new construction homes worth less than $80k.
Manufactured & mobile homes :
I'm a bit surprised that there are homes in the >$200k level. And while you can't see it on the chart theres 1-2 homes in the highest price ranges as well. Thats kind of odd. However I"m guessing these very high value homes are manufactured structures in the sense that they were primarily built off site then transported to the lot. Or maybe someone parked a trailer on 5th avenue in Manhattan?
Home values of the elderly, aged 65 and over :
There isn't much difference between the values of homes and the general population.
People below the poverty line :