Özet:

The increasing urbanization and rapid economic development have led to growing housing markets. This has resulted in a rising demand for housing due to migration towards cities and the acceptance of housing as both an investment and a wealth protection tool. On the other hand, housing prices are affected by many factors, thereby studies on housing price forecasts are carried out within the scope of different models and various methods. In line with the significant importance of housing markets as one of Turkey's economic growth tools, this study includes the forecast of the classification of 4-bedroom (3+1) housing prices in the central district of Kütahya province. The dataset used includes various criteria that affect housing prices, and different machine learning classification algorithms that are utilized. As a result, it is seen that the accuracy rates of the k-Nearest Neighbor (k-NN), Decision Trees (DT) and Random Forest (RF) algorithms were above 60%. As the main performance criterion, the AUC scores yielded that the most successful classification forecast is acquired by the RF algorithm, which is followed by the k-NN. In the context of the variables and data set included in this study, it was seen that successful outcomes in the classification forecasts of 4-bedroom apartments’ housing prices in the city center of Kütahya were obtained by these two methods.

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