Summerfield / Panhandle median real estate price is $90,461, which is more expensive than 37.7% of the neighborhoods in Alabama and 13.9% of the neighborhoods in the U.S.
The average rental price in Summerfield / Panhandle is currently $660, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.5% of Alabama neighborhoods.
Summerfield / Panhandle is a rural neighborhood (based on population density) located in Valley Grande, Alabama.
Summerfield / Panhandle real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Summerfield / Panhandle neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Summerfield / Panhandle has a 14.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.0% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (9.7%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.