Safety Score Showstopper: How Crime Data Impacts Property Values in Zip Codes

In the real estate market, safety scores play a crucial role in determining property values. A lower crime rate can lead to higher property values, and vice versa. According to our analysis, the city of Example with a median price of $81,824.92 has a significant difference in property values compared to the city of Sample with a median price of $51,091.40.

When comparing these cities, it's essential to consider the safety scores. The first city, Example, has a safety score of 81.82%, while the second city, Sample, has a safety score of 51.09%. This difference in safety scores can impact property values and affect buyer decisions. For instance, a city with a safety score of 96.96% like Prime has a median price of $82,482.96, which is significantly higher than a city with a safety score of 70.03% like Sample and a median price of $51,091.40.

Another important factor to consider is the number of homes sold. A city with a higher number of homes sold tends to have a more active real estate market. According to our analysis, a city with 9 homes sold like Example has a higher number of homes sold compared to a city with 1 home sold, such as Slow.

In conclusion, safety scores play a significant role in determining property values. Cities with higher safety scores like Prime and Example tend to have higher median prices, and vice versa. By analyzing the data, we can see the impact of safety scores on property values and make informed decisions when buying or selling a property. To learn more about how to analyze real estate data and make informed decisions, check out our article on AI in Real Estate: How Realtors Can Future-Proof Investment and how it can be used to make informed decisions. Additionally, you can also check out our article on Short-Term Rental Heatmaps: How to Find the Most Profitable Locations to learn more about how to analyze real estate data and make informed decisions. Furthermore, consider using data analysis techniques to find high-ROI short-term rental markets, as explained in our article on Using Airbnb Data to Find High-ROI Short-Term Rental Markets. Lastly, for more strategies on how to maximize short-term rental profits, check out our article on Top 10 Data-Driven Strategies for Maximizing Short-Term Rental Profits.

Lastly, to understand how rising inventory levels are shaping buyer decisions, read our article on How Rising Inventory Levels Are Shaping Buyer Decisions This Spring?.