I would sell. I think the downside risk is too great considering that the $180K or so that you would clear by selling now would almost double your current savings. As for worrying about inflation from holding too much cash, I agree that is something you should handle, but luckily since you are going overseas it shouldn’t be hard for you to set up a hedge in the form of a foreign-currency bank account. And of course there is always gold, which is inexpensive to store and highly liquid, unlike real estate.
