Median real estate price in the City Center of Valley is $75,602, which is less expensive than 74.4% of Alabama neighborhoods and 91.2% of all U.S. neighborhoods.
The average rental price in Valley City Center is currently $1,063, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.0% of the neighborhoods in Alabama.
Valley City Center is a suburban neighborhood (based on population density) located in Valley, Alabama.
Real estate in the City Center of Valley, AL 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 City Center 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 Valley City Center. The current real estate vacancy rate here is 29.3%. This is higher than the rate of vacancies in 93.8% 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.