Paris Ave / Virgil Blvd median real estate price is $145,718, which is more expensive than 54.8% of the neighborhoods in Louisiana and 35.9% of the neighborhoods in the U.S.
The average rental price in Paris Ave / Virgil Blvd is currently $881, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.2% of Louisiana neighborhoods.
Paris Ave / Virgil Blvd is a suburban neighborhood (based on population density) located in New Orleans, Louisiana.
Paris Ave / Virgil Blvd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Paris Ave / Virgil Blvd 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 Paris Ave / Virgil Blvd. The current real estate vacancy rate here is 23.1%. This is higher than the rate of vacancies in 89.3% 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.