If you are looking for a broad scope of a neighborhood I think Zillow is a good source: http://www.zillow.com/home-values/. You can type in any city, zipcode, state, or even the entire country as a whole. Granted Zillow is not necessarily accurate, but for new investors and even experienced investors you can get a general idea of a neighborhood. I know a lot of people say Zillow isn’t accurate and I would agree to an extent, but as a licensed real estate agent I did comps on my house and Zillow was within $2k (about a 1% error give or take). That being said I have a pretty easy neighborhood to comp because there were recent sales and it’s not a “unique” neighborhood like Beverly Hills or Malibu. If you wanted to invest in a “unique” neighborhood I would check Zillow to get a rough idea and then contact a local real estate agent for the most accurate info. It really depends on what you are looking to do with the information. If you are looking to invest, I would definitely get a real estate agent’s help or advice because you want to make sure before you get in you are certain on the numbers. This again can be found on Zillow, just look up an area of interest and call one of the agents on the side who advertise.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing