Forest Ave / Neal Ave median real estate price is $72,632, which is less expensive than 86.8% of Ohio neighborhoods and 93.5% of all U.S. neighborhoods.
The average rental price in Forest Ave / Neal Ave is currently $755, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.6% of Ohio neighborhoods.
Forest Ave / Neal Ave is an urban neighborhood (based on population density) located in Dayton, Ohio.
Forest Ave / Neal Ave 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 occupied by a mixture of owners and renters. Many of the residences in the Forest Ave / Neal Ave 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 1940 and 1969.
Vacant apartments or homes are a major fact of life in Forest Ave / Neal Ave. The current real estate vacancy rate here is 42.2%. This is higher than the rate of vacancies in 97.6% 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.