from staff
Housing values dropped almost 10 percent in metropolitan Jacksonville between 2008 and 2009 and were down 8 percent last year from 2007.
The U.S. Census Bureau reports that the median value of a home in Baker, Clay, Duval, Nassau and St. Johns counties fell to $185,000 in 2009, from $204,900 in 2008 and from $201,400 in 2007.
Median means half of the homes were valued higher and half were valued lower.
The largest share of homes in 2009 were valued from $200,000 to $299,000, at 23.1 percent, although that share dropped from 2008.
The share of homes valued from $50,000 through $199,000 grew, while the share dropped for those valued above that.
Also, the number of owner-occupied homes rose in 2009 from 2008, but the number in both years was lower than in 2007.
Housing values were among the statistics affected by the national recession, which began in December 2007 and was declared over as of of June 2009
The Daily Record is presenting a series of Jacksonville facts from the U.S. Census Bureau for 2007, 2008 and 2009 for Baker, Clay, Duval, Nassau and St. Johns counties.
| Housing values | 2007 | 2008 | 2009 |
| Owner-occupied units | 349,454 | 341,562 | 343,017 |
| Less than $50,000 | 3.8% | 5.1% | 5% |
| $50,000-$99,999 | 10.3% | 8.6% | 12.5% |
| $100,000-$149,999 | 15.7% | 14.9% | 17.2% |
| $150,000-$199,999 | 19.8% | 19.9% | 20.6% |
| $200,000-$299,999 | 24.3% | 25.8% | 23.1% |
| $300,000-$499,000 | 16.8% | 16.3% | 13.1% |
| $500,000-$999,000 | 7.3% | 6.9% | 6.7% |
| $1 million or more | 1.9% | 2.4% | 1.9% |
| Median value | $201,400 | $204,900 | $185,000 |