Old Shell Rd / N Lafayette St median real estate price is $158,215, which is more expensive than 81.2% of the neighborhoods in Alabama and 44.4% of the neighborhoods in the U.S.
The average rental price in Old Shell Rd / N Lafayette St is currently $913, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.4% of the neighborhoods in Alabama.
Old Shell Rd / N Lafayette St is a suburban neighborhood (based on population density) located in Mobile, Alabama.
Old Shell Rd / N Lafayette St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Old Shell Rd / N Lafayette St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Old Shell Rd / N Lafayette St has a 13.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.7% 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.