8th St SE / Somerville Rd SE median real estate price is $82,708, which is less expensive than 66.8% of Alabama neighborhoods and 88.1% of all U.S. neighborhoods.
The average rental price in 8th St SE / Somerville Rd SE is currently $881, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.3% of the neighborhoods in Alabama.
8th St SE / Somerville Rd SE is a suburban neighborhood (based on population density) located in Decatur, Alabama.
8th St SE / Somerville Rd SE 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 8th St SE / Somerville Rd SE neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
8th St SE / Somerville Rd SE has a 16.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.7% 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.