The $199,450 price tag on the median Mill Creek home means that it is about average price.
From our data, it appears that neighbourhood is number 4140th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Mill Creek will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Is Mill Creek a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Mill Creek, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.