Median real estate price in the City Center of Pontiac is $93,635, which is less expensive than 72.8% of Michigan neighborhoods and 84.7% of all U.S. neighborhoods.
The average rental price in Pontiac City Center is currently $526, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.3% of Michigan neighborhoods.
Pontiac City Center is a suburban neighborhood (based on population density) located in Pontiac, Michigan.
Real estate in the City Center of Pontiac, MI is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the City Center 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 Pontiac City Center. The current real estate vacancy rate here is 17.3%. This is higher than the rate of vacancies in 80.1% 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.