Silk Hope / Alabama Junction median real estate price is $27,069, which is less expensive than 99.8% of Georgia neighborhoods and 99.8% of all U.S. neighborhoods.
The average rental price in Silk Hope / Alabama Junction is currently $899, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.2% 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 15.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.6% of American neighborhoods). This could either signal that there is weak demand for real estate in the neighborhood, or that much of the housing stock is seasonally occupied, which can occur in some markets dominated by colleges or vacation homes. Either way, if you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.