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MI area data

Charlotte, MI

Charlotte, MI.

Population: 20,564 (Census ACS)

Home values & appreciation

Median home value
$245,602
1-year appreciation
+3.4%
3-year appreciation
+12.8%
5-year appreciation
+21.1%
10-year appreciation
+78.9%
All-time peak (2026-07)
$245,602
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$244,553
Median list price
$267,400
Median days on market
36.5 days
Sale-to-list ratio
101.8%
Active listings
35
1-year forecast
+1.5%
Days to pending
30 days
New listings (monthly)
27

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
10
Elementary schools
3
Middle schools
2
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, coldWave, hail, iceStorm, tornado

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
57.0°F
Average low
38.0°F
Annual precipitation
39.0 in

Walkability & transit

Walkability index
4.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Fitch H Beach Airport (2 mi)
Nearest major airport
Capital Region International Airport (LAN) (19 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-111 tax filers

Housing stock

Median year housing built
1,975
Median annual property tax
$2,466
Mean commute to work
19 min
Households with broadband internet
63.4%

Employment & development

Total county employment
37,249
Average weekly wage
$1,120
Top industries (by employment)
Finance & Insurance, Accommodation & Food, Health Care
Annual residential building permits (county)
102

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents