Michigan ranked near the bottom of U.S. states in median home value from 2010-2012, according to U.S. Census data.

The American Community Survey three-year estimates valued a median Michigan home at $118,000, ranking the state 46th in the country. Only West Virginia, Mississippi, Arkansas and Oklahoma had lower values, according to census data.

Median home values fell from a median value of $145,400 from 2007-09. The $26,200 drop is the 11th largest drop in the country. California had the largest drop in median value at $102,000, but held the third highest median value among U.S. states from 2010-12 at $358,800. Hawaii led the list at $503,100.

The U.S. average was $174,600 from 2010 with a $17,300 drop from 2007-09.

Michigan's median value was brought down, in part, by Detroit, which saw a 41 percent decline from 2007-09 to 2010-12. The city had the lowest median house value among the Top 50 U.S. cities.

The American Community Survey is an ongoing survey of U.S. communities to provide data for public policy planning. It replaced the U.S. Census's "long-form" and is designed to give reliable statistics for big and small areas.

You can search the updated U.S. Census data on home ownership rates among the 50 U.S. states below. You can select multiple states by holding down the Control key (Command key on Macs), or select all cities with "-ALL-". You can order columns by clicking on the column heads.

Home Ownership Rates and Median Home Values

for U.S. States

| Source: US Census

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Other findings from the American Community Survey on housing value and ownership rates include: