In the city of Charlestown, IN (47111) the median house value is $251,500, which is lower than the US average of $338,100. Despite this difference in value, housing in Charlestown has appreciated significantly in the past year by 13.41%, substantially higher than the US average of 8.27%. This could be a sign that investing in housing in this area may prove to be a sound investment for those looking to purchase property.
The median home cost in Charlestown (zip 47111) is $251,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Charlestown (zip 47111) is up 15.2%.
Average Age of Homes
- The median age of Charlestown (zip 47111) real estate is 33 years old
The Rental Market in Charlestown (zip 47111)
- Renters make up 20.7% of the Charlestown (zip 47111) population
- 0.9% of houses and apartments in Charlestown (zip 47111), 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.