Median real estate price in the City Center of Phenix City is $60,380, which is less expensive than 89.6% of Alabama neighborhoods and 96.3% of all U.S. neighborhoods.
The average rental price in Phenix City City Center is currently $813, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.1% of Alabama neighborhoods.
Phenix City City Center is a suburban neighborhood (based on population density) located in Phenix City, Alabama.
Real estate in the City Center of Phenix City, AL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Phenix City City Center has a 14.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.1% 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.