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- Median price
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Median price
The price of the house that falls in the middle of the total number of homes for sale in that area.
Related Terms
Boulevard
Asking price
Average price
Market value
Fixer-upper
Commission
Letter of intent
Starter home
Agreement of sale
Lease option
Purchase agreement
Contract for deed
Property value
Needs-based pricing
Price range
Adjusted cost basis
Contract to purchase
Private mortgage insurance (PMI)
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