IMathAS-libretexts

The Department of Housing and Urban Development (HUD) uses the median to report average home prices in the United States. Why do they use the median?

HUD uses the median since the distribution of home prices is skewed to the right and the mean does not adequately represent the average price of a home.
HUD uses the median since the distribution of home prices is skewed to the left and the mean does not adequately represent the average price of a home.
HUD uses the median since the distribution of home prices is symmetric.