Mcfarland Blvd E / Old Montgomery Hwy median real estate price is $142,855, which is more expensive than 72.3% of the neighborhoods in Alabama and 34.9% of the neighborhoods in the U.S.
The average rental price in Mcfarland Blvd E / Old Montgomery Hwy is currently $1,131, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.9% of the neighborhoods in Alabama.
Mcfarland Blvd E / Old Montgomery Hwy is a suburban neighborhood (based on population density) located in Tuscaloosa, Alabama.
Mcfarland Blvd E / Old Montgomery Hwy real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mcfarland Blvd E / Old Montgomery Hwy neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Mcfarland Blvd E / Old Montgomery Hwy. The current real estate vacancy rate here is 46.4%. This is higher than the rate of vacancies in 98.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (30.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.