Median Dwelling Value
nounme·di·an dwel·ling val·uepronounced MEE-dee-un DWEL-ing VAL-yoo
Last reviewed 16 April 2026
What does the noun Median Dwelling Value mean?
The middle value when all dwellings in an area are ranked by price. Half cost more, half cost less. It is a more reliable measure than the average because a few very expensive sales do not skew it.
How the noun Median Dwelling Value is used
The median dwelling value in Sydney hit $1.2 million last quarter, but that figure hides huge variation between suburbs.
Synonyms
median house price, median property price
Related words
Cite this entry
MLA citation: "Median Dwelling Value." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/median-dwelling-value. Accessed 30 May 2026.
Chicago citation: How to Property. "Median Dwelling Value." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/median-dwelling-value.
APA citation: How to Property. (2026, April 16). Median Dwelling Value. https://howtoproperty.com.au/definitions/median-dwelling-value