Wayne Ave / W School House Ln median real estate price is $180,907, which is more expensive than 62.5% of the neighborhoods in Pennsylvania and 47.9% of the neighborhoods in the U.S.
The average rental price in Wayne Ave / W School House Ln is currently $1,152, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.6% of the neighborhoods in Pennsylvania.
Wayne Ave / W School House Ln is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.
Wayne Ave / W School House Ln real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Wayne Ave / W School House Ln neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Wayne Ave / W School House Ln. The current real estate vacancy rate here is 24.7%. This is higher than the rate of vacancies in 90.6% 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.