Silk Hope / Alabama Junction median real estate price is $29,128, which is less expensive than 99.8% of Georgia neighborhoods and 99.9% of all U.S. neighborhoods.
The average rental price in Silk Hope / Alabama Junction is currently $1,255, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.4% of the neighborhoods in Georgia.
Silk Hope / Alabama Junction is a suburban neighborhood (based on population density) located in Savannah, Georgia.
Silk Hope / Alabama Junction real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Silk Hope / Alabama Junction neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Silk Hope / Alabama Junction has a 13.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.