U of Arkansas-Fort Smith / Park Ave median real estate price is $81,181, which is more expensive than 33.5% of the neighborhoods in Arkansas and 9.8% of the neighborhoods in the U.S.
The average rental price in U of Arkansas-Fort Smith / Park Ave is currently $823, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.9% of the neighborhoods in Arkansas.
U of Arkansas-Fort Smith / Park Ave is an urban neighborhood (based on population density) located in Fort Smith, Arkansas.
U of Arkansas-Fort Smith / Park Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 U of Arkansas-Fort Smith / Park Ave 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 U of Arkansas-Fort Smith / Park Ave. The current real estate vacancy rate here is 18.7%. This is higher than the rate of vacancies in 83.0% 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.