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Real Estate Prices & Overview

Azalea / Sherwood Forest median real estate price is $406,791, which is more expensive than 59.9% of the neighborhoods in North Carolina and 51.2% of the neighborhoods in the U.S.

The average rental price in Azalea / Sherwood Forest is currently $2,532, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.6% of the neighborhoods in North Carolina.

Azalea / Sherwood Forest is a rural neighborhood (based on population density) located in Asheville, North Carolina.

Azalea / Sherwood Forest real estate 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 Azalea / Sherwood Forest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Azalea / Sherwood Forest has a 15.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.7% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.4%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Diversity

Did you know that the Azalea / Sherwood Forest neighborhood has more English and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.8% of this neighborhood's residents have English ancestry and 1.0% have Finnish ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Azalea / Sherwood Forest neighborhood in Asheville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.9% of U.S. neighborhoods. With 26.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.9% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Azalea / Sherwood Forest neighborhood, 38.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 33.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.3%), and 9.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Azalea / Sherwood Forest neighborhood is English, spoken by 96.1% of households. Some people also speak Spanish (3.6%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Azalea / Sherwood Forest neighborhood in Asheville, NC, residents most commonly identify their ethnicity or ancestry as English (20.8%). There are also a number of people of German ancestry (12.1%), and residents who report Irish roots (11.6%), and some of the residents are also of Italian ancestry (3.0%), along with some Scots-Irish ancestry residents (2.4%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Azalea / Sherwood Forest neighborhood spend between 15 and 30 minutes commuting one-way to work (54.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (16.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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