Concordia College-Selma / Franklin St median real estate price is $58,658, which is less expensive than 90.8% of Alabama neighborhoods and 96.7% of all U.S. neighborhoods.
The average rental price in Concordia College-Selma / Franklin St is currently $623, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.7% of Alabama neighborhoods.
Concordia College-Selma / Franklin St is a suburban neighborhood (based on population density) located in Selma, Alabama.
Concordia College-Selma / Franklin St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Concordia College-Selma / Franklin St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Concordia College-Selma / Franklin St. The current real estate vacancy rate here is 17.9%. This is higher than the rate of vacancies in 81.4% 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.