Even better:
SELECT @Median = AVG(1.0 * val)
FROM
(
SELECT o.val, rn = ROW_NUMBER() OVER (ORDER BY o.val), c.c
FROM dbo.EvenRows AS o
CROSS JOIN (SELECT c = COUNT(*) FROM dbo.EvenRows) AS c
) AS x
WHERE rn IN ((c + 1)/2, (c + 2)/2);
From the master Himself, Itzik Ben-Gan!