Millmont / Alvernia U median real estate price is $91,299, which is less expensive than 80.2% of Pennsylvania neighborhoods and 85.7% of all U.S. neighborhoods.
The average rental price in Millmont / Alvernia U is currently $943, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.1% of Pennsylvania neighborhoods.
Millmont / Alvernia U is a suburban neighborhood (based on population density) located in Reading, Pennsylvania.
Millmont / Alvernia U real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Millmont / Alvernia U 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.
Millmont / Alvernia U has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.0% 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.