Commissions do not affect our editors' opinions or evaluations. The median home price gives us an idea of what the typical home costs. It tells us that half of homes sold for more than that price ...

A U.S. house hunter needs a $92,000 income, up 26% in a year, for the $371,200 median home (1% costlier in 12 months). The national record low, by this math, was 10% in 2006. That adds up to 40% o ...