The housing market in Charlevoix, MI is quite robust. On average, the median value of a home in Charlevoix is $336,700, slightly lower than the US median house value of $338,100. However, when it comes to appreciation rates over the last year, homes in Charlevoix have far outperformed the national rate of 8.27%. In fact, the 1 year appreciation rate for houses in Charlevoix is 16.52%, almost double that of the nation as a whole. Clearly this indicates that housing in Charlevoix remains an attractive option for potential buyers and investors alike.
The median home cost in Charlevoix is $336,700. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Charlevoix is up 21.4%.
Average Age of Homes
- The median age of Charlevoix real estate is 59 years old
The Rental Market in Charlevoix
- Renters make up 27.3% of the Charlevoix population
- 1.0% of houses and apartments in Charlevoix, 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.