Homeowners in the U.S. paid a median price of $110,000 for their homes overall, according to a 2011 American Housing Survey profile released today. This is an increase of 2.3 percent from the 2009 survey.
The median purchase price of homes constructed in the past four years was higher at $235,000, down 2.1 percent from the $240,000 reported for new construction in 2009.
The profile released today provides information on the nation’s housing costs, mortgages and a variety of other physical and financial characteristics about housing in the U.S. Statistics come from the American Housing Survey sponsored by the Department of Housing and Urban Development and conducted by the U.S. Census Bureau. It is considered to be the most comprehensive housing survey in the United States.
The median monthly mortgage payment for homeowners was $1,015 in 2011. Median annual expenditures for homeowners in the U.S. were $1,812 for real estate taxes, $1,452 for electricity and $696 for property insurance.
For a complete set of tables from the American Housing Survey, definitions, sample design, and more, see this link.