Statistical tools used by analysts to explain house prices range from simple linear regression to more complex techniques such as artificial neural networks. In the literature we can distinguish two trends, these are publications describing linear models compared to advanced machine learning algorithms (Din, Hoesli, and Bender 2001) and (Selim. Nov 14, 2020 · We have a right-tailed distribution, which can also be seen by looking at a violin plot. sns.violinplot (data=df, x=’tx_price’) df.tx_price.median () Output: 392000. The median US house price in 2020 Oct is $325,000, so the houses amassed in this REIT portfolio appears to be a bit more uptown on average..