Valley Ave / Clermont Dr median real estate price is $289,614, which is more expensive than 95.4% of the neighborhoods in Alabama and 70.2% of the neighborhoods in the U.S.
The average rental price in Valley Ave / Clermont Dr is currently $1,077, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.8% of the neighborhoods in Alabama.
Valley Ave / Clermont Dr is an urban neighborhood (based on population density) located in Homewood, Alabama.
Valley Ave / Clermont Dr 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Valley Ave / Clermont Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Valley Ave / Clermont Dr. The current real estate vacancy rate here is 25.8%. This is higher than the rate of vacancies in 91.6% 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.