E 8th Ave / Mississippi St median real estate price is $50,672, which is less expensive than 96.5% of Indiana neighborhoods and 98.2% of all U.S. neighborhoods.
The average rental price in E 8th Ave / Mississippi St is currently $859, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.7% of the neighborhoods in Indiana.
E 8th Ave / Mississippi St is an urban neighborhood (based on population density) located in Gary, Indiana.
E 8th Ave / Mississippi St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 8th Ave / Mississippi St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in E 8th Ave / Mississippi St. The current real estate vacancy rate here is 41.6%. This is higher than the rate of vacancies in 97.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.