Charles City, VA is a great place to invest in housing. The median value of houses in the area is $245,700, which is significantly lower than the US House Median Value of $338,100. Not only that, but the 1 year house appreciation rate for Charles City is 13.79%, far higher than the US average of 8.27%. These factors make Charles City an attractive option for those looking to invest in real estate.
The median home cost in Charles City is $245,700. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Charles City is up 13.8%.
Average Age of Homes
- The median age of Charles City real estate is 45 years old
The Rental Market in Charles City
- Renters make up 15.2% of the Charles City population
- 0.0% of houses and apartments in Charles City, 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.