The median house price listed in Tomstown this month is $146,900.
From our data, it appears that neighbourhood is number 3443th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
When we look at the data we have, it can help with trying to establish whether or not Tomstown is a good investment target.
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.
Can we guarantee how well Tomstown is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Tomstown there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.