Louisville Rd / Magazine Ave median real estate price is $70,429, which is less expensive than 92.5% of Georgia neighborhoods and 94.2% of all U.S. neighborhoods.
The average rental price in Louisville Rd / Magazine Ave is currently $827, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.3% of Georgia neighborhoods.
Louisville Rd / Magazine Ave is a suburban neighborhood (based on population density) located in Savannah, Georgia.
Louisville Rd / Magazine Ave 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 Louisville Rd / Magazine 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 Louisville Rd / Magazine Ave. The current real estate vacancy rate here is 30.3%. This is higher than the rate of vacancies in 94.3% 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.