A typical Charlevoix home is worth roughly $429,000
Home prices around Charlevoix have risen about 79% over the past 5 years.
What kind of housing town is Charlevoix?
Read from the numbers below. The page puts what stands out first.
A typical home costs 9 years of income
More than across Michigan (3.7 years). Try your own numbers below.
That’s $245K short of a typical Charlevoix home.
A two-bedroom rents for about $1,060 a month here, $1,540 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Charlevoix’s typical property tax (0.99% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
62% of Charlevoix households own their home
Half of Charlevoix’s homes were built before 1966.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Home prices up 79% in 5 years
The federal house price index for the ZIP code around Charlevoix rose 79% over the past 5 years, faster than across Michigan (52%). Last year prices rose 4.4%. Carrying the Census median home value forward with that index puts the typical Charlevoix home at roughly $429,000 today.
Carrying the Census median forward with the index puts a typical home at about $429K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Charlevoix, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,060
Renters already here pay a median of $816, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Antrim County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
On the market in Charlevoix
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Charlevoix buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.