N Morrison Blvd / W University Ave median real estate price is $164,453, which is more expensive than 63.5% of the neighborhoods in Louisiana and 42.5% of the neighborhoods in the U.S.
The average rental price in N Morrison Blvd / W University Ave is currently $1,216, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.9% of the neighborhoods in Louisiana.
N Morrison Blvd / W University Ave is a suburban neighborhood (based on population density) located in Hammond, Louisiana.
N Morrison Blvd / W University Ave 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 N Morrison Blvd / W University Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in N Morrison Blvd / W University Ave. The current real estate vacancy rate here is 23.9%. This is higher than the rate of vacancies in 90.0% 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.