Rideout Village / Oakwood U median real estate price is $171,391, which is more expensive than 82.3% of the neighborhoods in Alabama and 44.9% of the neighborhoods in the U.S.
The average rental price in Rideout Village / Oakwood U is currently $965, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.8% of the neighborhoods in Alabama.
Rideout Village / Oakwood U is a suburban neighborhood (based on population density) located in Huntsville, Alabama.
Rideout Village / Oakwood U 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 Rideout Village / Oakwood U neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Rideout Village / Oakwood U has a 15.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.6% 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.