River Rd / Cape Blvd median real estate price is $234,848, which is more expensive than 79.7% of the neighborhoods in North Carolina and 61.2% of the neighborhoods in the U.S.
The average rental price in River Rd / Cape Blvd is currently $1,068, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.2% of the neighborhoods in North Carolina.
River Rd / Cape Blvd is a suburban neighborhood (based on population density) located in Wilmington, North Carolina.
River Rd / Cape Blvd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the River Rd / Cape Blvd 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.
River Rd / Cape Blvd has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.0% 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.