Eastern Ave SE / Wealthy St SE median real estate price is $115,523, which is more expensive than 41.9% of the neighborhoods in Michigan and 24.4% of the neighborhoods in the U.S.
The average rental price in Eastern Ave SE / Wealthy St SE is currently $1,087, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.8% of the neighborhoods in Michigan.
Eastern Ave SE / Wealthy St SE is an urban neighborhood (based on population density) located in Grand Rapids, Michigan.
Eastern Ave SE / Wealthy St SE real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Eastern Ave SE / Wealthy St SE neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Eastern Ave SE / Wealthy St SE has a 14.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.