Your median sale price index compares house prices in some random Southern hell hole in Mississippi to a disaster ravaged area of Puerto Rico with NY and SF or Atlanta and Austin house prices. Places where people can actually go to work.
The nice thing about the median is that it's robust against outliers like the ones you've mentioned. It's over $300k, so we're definitely not talking about some hellhole in MS.
fakedang|5 years ago
okaram|5 years ago
defertoreptar|5 years ago