The housing market in Charlotte, MI is thriving. The median value of homes in Charlotte is $206,800, which is significantly lower than the US House Median Value of $338,100. While the US saw an appreciation of 8.27% year-over-year, Charlotte experienced an even higher appreciation rate of 8.98%. With such a low house median value and high appreciation rates, it's no surprise that many buyers and renters are flocking to the Charlotte area for their next home purchase or rental.
The median home cost in Charlotte is $206,800. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Charlotte is up 12.2%.
Average Age of Homes
- The median age of Charlotte real estate is 58 years old
The Rental Market in Charlotte
- Renters make up 34.1% of the Charlotte population
- 0.8% of houses and apartments in Charlotte, 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.