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Real Estate Prices & Overview

Ballenger Run Villas / Ballenger Crossing median real estate price is $584,331, which is more expensive than 70.5% of the neighborhoods in Maryland and 73.1% of the neighborhoods in the U.S.

The average rental price in Ballenger Run Villas / Ballenger Crossing is currently $2,404, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.7% of Maryland neighborhoods.

Ballenger Run Villas / Ballenger Crossing is an urban neighborhood (based on population density) located in Frederick, Maryland.

Ballenger Run Villas / Ballenger Crossing real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Ballenger Run Villas / Ballenger Crossing neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Ballenger Run Villas / Ballenger Crossing, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Ballenger Run Villas / Ballenger Crossing is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Frederick, the Ballenger Run Villas / Ballenger Crossing neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Ballenger Run Villas / Ballenger Crossing neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, if you love row houses and attached homes, you will probably really like the Ballenger Run Villas / Ballenger Crossing neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 56.9% of the residential real estate here is classified as row houses and attached homes.

Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Ballenger Run Villas / Ballenger Crossing neighborhood. A whopping 80.8% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.2% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Occupations

The Ballenger Run Villas / Ballenger Crossing neighborhood has a greater proportion of government workers living in it than 95.2% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

People

With a nice mix of college students, safety from crime, and decent walkability, the Ballenger Run Villas / Ballenger Crossing neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.8% of the neighborhoods in MD. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Ballenger Run Villas / Ballenger Crossing neighborhood has more Sub-Saharan African and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.7% of this neighborhood's residents have Sub-Saharan African ancestry and 1.0% have Iranian ancestry.

Ballenger Run Villas / Ballenger Crossing is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

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 Ballenger Run Villas / Ballenger Crossing neighborhood in Frederick are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.7% of the neighborhoods in America. With 22.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.1% 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 Ballenger Run Villas / Ballenger Crossing neighborhood, 55.9% 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 17.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.1%), and 12.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Ballenger Run Villas / Ballenger Crossing neighborhood is English, spoken by 67.0% of households. Other important languages spoken here include Spanish, Langs. of India and Polish.

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 Ballenger Run Villas / Ballenger Crossing neighborhood in Frederick, MD, residents most commonly identify their ethnicity or ancestry as Asian (14.0%). There are also a number of people of Sub-Saharan African ancestry (13.7%), and residents who report Irish roots (11.1%), and some of the residents are also of German ancestry (9.1%), along with some Italian ancestry residents (8.4%), among others. In addition, 24.7% of the residents of this neighborhood were born in another country.

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 Ballenger Run Villas / Ballenger Crossing neighborhood spend under 15 minutes commuting one-way to work (30.9% of working residents), one of the shortest commutes across America.

Here most residents (61.4%) 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 (13.3%) . 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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