Charlotte Hall, MD is a great place to live for those looking for an affordable option. The median value of houses in the area is $431,100 which is significantly lower than the US House Median Value of $338,100. The 1 year house appreciation rate for Charlotte Hall is 7.62%, slightly lower than the US house appreciation level of 8.27%. With these numbers in mind, investing in housing in Charlotte Hall could be a smart move for people looking to increase their net worth and build wealth over time.
The median home cost in Charlotte Hall is $431,100. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Charlotte Hall is up 12.7%.
Average Age of Homes
- The median age of Charlotte Hall real estate is 44 years old
The Rental Market in Charlotte Hall
- Renters make up 25.4% of the Charlotte Hall population
- 1.9% of houses and apartments in Charlotte Hall, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.