James Rd / Highland Rd median real estate price is $93,523, which is less expensive than 79.6% of Tennessee neighborhoods and 84.8% of all U.S. neighborhoods.
The average rental price in James Rd / Highland Rd is currently $763, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.2% of Tennessee neighborhoods.
James Rd / Highland Rd is a suburban neighborhood (based on population density) located in Memphis, Tennessee.
James Rd / Highland Rd 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the James Rd / Highland Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in James Rd / Highland Rd. The current real estate vacancy rate here is 22.8%. This is higher than the rate of vacancies in 88.9% 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.