The X median real estate price is $176,611, which is less expensive than 92.6% of Massachusetts neighborhoods and 47.3% of all U.S. neighborhoods.
The average rental price in The X is currently $795, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 77.9% of Massachusetts neighborhoods.
The X is a suburban neighborhood (based on population density) located in Springfield, Massachusetts.
The X real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments 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 The X neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
The X has a 16.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.3% 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.