I think the neighborhood is a strong B- in a working class area.

. $90k to $120k will get u a good rental in memphis neighborhood.

Houses in the same condition in the same neighborhood were sold for around 60k and were off market transactions as well, most likely bought by investors. 

Nevertheless we listed our house at the same $390,000 as the other house, a price that also seemed reasonable based on past student rental sales near campus, albeit none in our very nice neighborhood. 

There is some class c/d multifamily on the next block that I don't like, but the rest of the surrounding residential neighborhoods look pretty good. 

Most people want to leave these neighborhoods, not move to them.

I am still new to real estate and trying to figure out how to tell when a neighborhood is turning around.

What markets do you guys consider to be solid blue collar c class neighborhood markets with low crime?

Is the area "up and coming" or is it an old and established neighborhood?

I am narrowing down the field of neighborhoods of interest based upon what I have seen people smarter than me doing, but still very open-minded on location.