Thursday, May 31, 2012

Disparate Housing Market

Franklin Park Housing Map (Data provided by Zillow)
Olde Town East Housing Map (Data Provided by Zillow)
The housing market in Olde Towne East and Franklin Park is disparate.  In the Franklin Park neighborhood homes are listed today anywhere from $10,000-$379,000.  A pretty large jump for homes less than a block from each other.  In the Olde Towne East Neighborhood homes range from $20,000-$525,000.  This of course does not include abandoned, vacant, or foreclosed homes which are not on the market.  There were a substantial number of these we saw on our tours of the neighborhood.  Much of this had to do with Gentrification Efforts in the 90's. 


 

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