Median real estate price in the Village Center of Hazel Crest is $167,936, which is more expensive than 45.1% of the neighborhoods in Illinois and 43.7% of the neighborhoods in the U.S.
The average rental price in Hazel Crest Village Center is currently $1,183, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.7% of the neighborhoods in Illinois.
Hazel Crest Village Center is an urban neighborhood (based on population density) located in Hazel Crest, Illinois.
Real estate in the Village Center of Hazel Crest, IL is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Village Center 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 Hazel Crest Village Center. The current real estate vacancy rate here is 17.5%. This is higher than the rate of vacancies in 80.5% 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.