What Can You Buy for $200,500?

The median home price, as of 3rd qtr 2008, is now $200,500. This is a 9% drop from the same period last year. Foreclosures are mostly to blame, but of course, the bad state of the economy, stricter lending standards, and the high number of unsold homes have also contributed to the price decline. So, what can you buy for $200,500? Sushil Cheema at the Wall Street Journal took a look to find out. I thought you'd be interested to see how far the money goes and what people are saying about it. Check it out here. See how the homes compare to what's in your city or town.