First we need to find the 3% of $218,600
[tex]$218600\cdot\frac{3}{100}=6558$[/tex]In order to know the median home price in the city right now, we need to add $218,600 and $6558
[tex]$218600+6558=225158$[/tex]The median home price in the city right now is $225,158
