N Wood Ave / N Royal Ave median real estate price is $88,475, which is more expensive than 35.6% of the neighborhoods in Alabama and 12.9% of the neighborhoods in the U.S.
The average rental price in N Wood Ave / N Royal Ave is currently $662, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.2% of Alabama neighborhoods.
N Wood Ave / N Royal Ave is a suburban neighborhood (based on population density) located in Florence, Alabama.
N Wood Ave / N Royal Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the N Wood Ave / N Royal Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in N Wood Ave / N Royal Ave. The current real estate vacancy rate here is 20.4%. This is higher than the rate of vacancies in 85.7% 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.