The housing market in Charlton, MD is very strong and robust. The median value of homes in Charlton is $196,000, which is significantly lower than the median value of homes across the U.S., which stands at $338,100. Although appreciation rate for all houses across the nation has seen an 8.27% increase over the past year, Charlton's housing market has done very well too with a 7.84% appreciation over the same period. This indicates a strong and growing market in Charlton and it's no surprise that more people are choosing to invest in this area due to its affordability and stability.
The median home cost in Charlton is $196,000. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Charlton is up 11.5%.
Average Age of Homes
- The median age of Charlton real estate is 39 years old
The Rental Market in Charlton
- Renters make up 0.0% of the Charlton population
- 0.0% of houses and apartments in Charlton, 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.