Median real estate price in the Town Center of Luray is $198,153, which is more expensive than 36.6% of the neighborhoods in Virginia and 52.8% of the neighborhoods in the U.S.
The average rental price in Luray Town Center is currently $743, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.1% of Virginia neighborhoods.
Luray Town Center is a rural neighborhood (based on population density) located in Luray, Virginia.
Real estate in the Town Center of Luray, VA is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Luray Town Center has a 13.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.8% 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.