Home prices
The value of the median home in Charlevoix is $167,800. This is approximately $31,740 (23%) higher in comparison to nearby areas.It is about $49,700 (22%) lower in comparison to the entire country, and compared to the city of Traverse City is about $98,300 (36%) lower.
Rents
Charlevoix's median rent is $567 a month. This is roughly $152 (21%) lower compared to the surrounding areas.In comparison to the nation as a whole it is approximately $495 (46%) lower, and it is approximately $338 (37%) lower compared to the city of Traverse City.
Nearby places
Ellsworth
Ellsworth is approximately 9 miles south of Charlevoix. The housing prices there are substantially less expensive. The median home price in Ellsworth is $107,900, which works out to $59,900 (55%) lower than Charlevoix. The rent there is similar. Ellsworth's median monthly rent is $570, which is very similar to Charlevoix.
East Jordan
East Jordan is approximately 11 miles southeast of Charlevoix. Its housing prices are substantially less expensive. The value of the median home in East Jordan is $81,200, which comes out to $86,600 (106%) lower than Charlevoix. Rents there are pretty similar. East Jordan's median monthly rent is $573, which is $6 (1%) higher than Charlevoix.
Petoskey
Petoskey is about 11 miles east of Charlevoix. The housing prices there are a bit more expensive. Petoskey's median home value is $177,000, which comes out to $9,200 (5%) higher than Charlevoix. Rents there are a little more expensive. The median monthly rent in Petoskey is $714, which is $147 (20%) higher than Charlevoix.
Boyne City
Boyne City is approximately 11 miles southeast from Charlevoix. Its real estate prices are somewhat less expensive. The median home in Boyne City is valued at $147,500, which works out to $20,300 (13%) lower than Charlevoix. Rent there is somewhat more expensive. In Boyne City the median monthly rent is $737, which comes out to $170 (23%) higher than Charlevoix.
Walloon Lake
Walloon Lake is about 13 miles east from Charlevoix. Its housing prices are similar. The median home value in Walloon Lake is $166,700, which is very similar to Charlevoix. Rents there are substantially more expensive. In Walloon Lake the median monthly rent is $1,000, which is $433 (43%) higher than Charlevoix.
