Madison St / Burmaster St median real estate price is $165,829, which is more expensive than 64.4% of the neighborhoods in Louisiana and 43.0% of the neighborhoods in the U.S.
The average rental price in Madison St / Burmaster St is currently $845, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.5% of Louisiana neighborhoods.
Madison St / Burmaster St is a suburban neighborhood (based on population density) located in Gretna, Louisiana.
Madison St / Burmaster St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Madison St / Burmaster St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Madison St / Burmaster St. The current real estate vacancy rate here is 17.6%. This is higher than the rate of vacancies in 80.7% 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.