Neely median real estate price is $42,329, which is less expensive than 98.1% of Alabama neighborhoods and 99.2% of all U.S. neighborhoods.
The average rental price in Neely is currently $660, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.8% of Alabama neighborhoods.
Neely is a suburban neighborhood (based on population density) located in Prichard, Alabama.
Neely 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 Neely neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Neely. The current real estate vacancy rate here is 35.3%. This is higher than the rate of vacancies in 96.2% 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.