In 2009, median housing value dropped 5.8% from $96,700 in 2008 to $185,200, a report from U.S Census Bureau and a data obtained from the American Community Survey.

In Merced California of 366 metro areas experienced the biggest plunge about 34% while Hattiesburg, Missouri has the biggest gain about 19.7 percent. Amongst the 50 largest metro areas, half of the 10 with largest median property values were in California: $638,300 for San Jose-Sunnyvale- Santa Clara, $591,600 for San Francisco-Oakland-Fremont, $463,600 for Los Angeles-Long Beach-Santa Ana, $417,700 for San Diego-Carlsbad-San Marcos and $298,000 for Sacramento-Arden-Arcade-Roseville.

The survey conducted nationwide in January 2005 and according on a sample of about 2.9 million housing units yearly, gives population and housing statistics for all U.S. areas together congressional districts, metropolitan areas and counties with at least 65,000 residents.

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