For Phasad, a visual to illustrate your point. Check out this home in a city that is over 80% African American:
List price of $430,000. In Georgia, that's pretty darn high.
One of my chapter sisters (yes, I still have that bond though I'm not currently in the chapter!) lives in this city in a 5-6 bedroom home similarly priced as the one above. Her neighborhood, as far as I know, is 100% African American.