W Michigan Ave / Mobile Hwy median real estate price is $123,646, which is less expensive than 81.3% of Florida neighborhoods and 72.3% of all U.S. neighborhoods.
The average rental price in W Michigan Ave / Mobile Hwy is currently $1,166, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.8% of Florida neighborhoods.
W Michigan Ave / Mobile Hwy is a suburban neighborhood (based on population density) located in Pensacola, Florida.
W Michigan Ave / Mobile Hwy real estate 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 W Michigan Ave / Mobile Hwy neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
W Michigan Ave / Mobile Hwy has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.