When it comes to house prices in a certain area, many real e…

When it cоmes tо hоuse prices in а certаin аrea, many real estate websites will reference the median home price instead of the average. This is because a small group of very expensive or inexpensive homes can drastically affect the average price, but would not have the same impact on the median.  In Boise, ID the cost of homes had increased about 3.1% from the beginning of 2024 to the beginning of 2025. Below are the listing prices for 12 randomly selected homes for sale in January of 2025 from Boise, ID.    Tacoma House Prices Home Number Cost of House 1 280,000 2 449,000 3 2,250,000 4 759,000 5 299,900 6 439,900 7 1,325,000 8 640,000 9 489,900 10 549,000 11 559,900 12 725,000   Calculate the median home price for this random sample of 12 homes.