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Real Estate Prices & Overview

Ballenger Run Villas / Ballenger Crossing median real estate price is $508,665, which is more expensive than 62.0% of the neighborhoods in Maryland and 70.1% of the neighborhoods in the U.S.

The average rental price in Ballenger Run Villas / Ballenger Crossing is currently $2,246, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.8% of Maryland neighborhoods.

Ballenger Run Villas / Ballenger Crossing is an urban neighborhood (based on population density) located in Frederick, Maryland.

Ballenger Run Villas / Ballenger Crossing real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Ballenger Run Villas / Ballenger Crossing neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Ballenger Run Villas / Ballenger Crossing are 3.5%, which is lower than one will find in 77.0% of American neighborhoods. Demand for real estate in Ballenger Run Villas / Ballenger Crossing is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Frederick, the Ballenger Run Villas / Ballenger Crossing neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you love row houses and attached homes, you will probably really like the Ballenger Run Villas / Ballenger Crossing neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 67.7% of the residential real estate here is classified as row houses and attached homes.

In addition, homes built from 2000 through today make up a higher proportion of the Ballenger Run Villas / Ballenger Crossing neighborhood's real estate landscape than 96.0% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 71.0% of the residential real estate here is classified as newer.

Diversity

Did you know that the Ballenger Run Villas / Ballenger Crossing neighborhood has more Iranian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Iranian ancestry and 0.9% have Lebanese ancestry.

Ballenger Run Villas / Ballenger Crossing is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Ballenger Run Villas / Ballenger Crossing neighborhood in Frederick are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.8% of the neighborhoods in America. In addition, 6.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 61.5% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Ballenger Run Villas / Ballenger Crossing neighborhood, 57.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 17.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.7%), and 9.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Ballenger Run Villas / Ballenger Crossing neighborhood is English, spoken by 70.7% of households. Other important languages spoken here include Spanish, Langs. of India and Polish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Ballenger Run Villas / Ballenger Crossing neighborhood in Frederick, MD, residents most commonly identify their ethnicity or ancestry as Asian (16.0%). There are also a number of people of Irish ancestry (9.1%), and residents who report German roots (7.6%), and some of the residents are also of Italian ancestry (7.3%), along with some Mexican ancestry residents (6.6%), among others. In addition, 21.2% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Ballenger Run Villas / Ballenger Crossing neighborhood spend between 45 minutes and one hour commuting one-way to work (26.7% of working residents), longer and tougher than most commutes in America.

Here most residents (62.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (15.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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