S 115th Ave / W Southern Ave median real estate price is $198,307, which is more expensive than 46.6% of the neighborhoods in Arizona and 52.8% of the neighborhoods in the U.S.
The average rental price in S 115th Ave / W Southern Ave is currently $1,154, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.4% of Arizona neighborhoods.
S 115th Ave / W Southern Ave is a suburban neighborhood (based on population density) located in Phoenix, Arizona.
S 115th Ave / W Southern Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the S 115th Ave / W Southern Ave 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 S 115th Ave / W Southern Ave. The current real estate vacancy rate here is 17.8%. This is higher than the rate of vacancies in 81.2% 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.