Still seems expensive to me. I grew up in South Jersey in basically the Carmel Valley equivalent with median HH income in my zip currently around 123K (median HH income for that ZIP in MN is about 85K). The high school was the Torrey Pines of South Jersey which is basically half of the Philly suburban area. You can get into Philly from that house in about 20 minutes by car or light rail. The house I grew up is about the same size on a similar size lots and I just Zillowed it at 320K.
