The housing market in Charlevoix township, MI is booming. The median value of homes in the area is $374,800, which is significantly higher than the US median house value of $338,100. This difference is even more pronounced when comparing the one-year appreciation rate for houses in Charlevoix township to the national average. While the US experienced an 8.27% increase in home values over the last year, Charlevoix township saw a much larger 16.52% jump. This trend makes buying a home in Charlevoix an attractive option for potential buyers looking to take advantage of a booming market.
The median home cost in Charlevoix township is $374,800. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Charlevoix township is up 21.4%.
Average Age of Homes
- The median age of Charlevoix township real estate is 27 years old
The Rental Market in Charlevoix township
- Renters make up 4.7% of the Charlevoix township population
- 1.2% of houses and apartments in Charlevoix township, 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.