Military Rd / Old Military Rd median real estate price is $87,407, which is more expensive than 41.6% of the neighborhoods in Arkansas and 12.4% of the neighborhoods in the U.S.
The average rental price in Military Rd / Old Military Rd is currently $786, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.9% of Arkansas neighborhoods.
Military Rd / Old Military Rd is a suburban neighborhood (based on population density) located in Jacksonville, Arkansas.
Military Rd / Old Military Rd 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 occupied by a mixture of owners and renters. Many of the residences in the Military Rd / Old Military Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Military Rd / Old Military Rd. The current real estate vacancy rate here is 17.3%. This is higher than the rate of vacancies in 80.2% 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.