Charlottesville, IN

Full City Profile · Indiana · Hancock County County

3.4 /5.0
B Good
403 Population 640/sq mi density
$210,400 Home Value $257,783 Zillow
52°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Education
3.4 / 5.0
30.6% bachelor's degree or higher

Housing Overview

Median Home Value
$210,400
25% below
US avg: $281,900
Homeownership Rate
58.3%
11% below US avg (65.4%)
Total Housing Units
228
Median year built: 1971

Home Value by Source

Census Median
$210,400
Zillow (ZHVI)
$257,783
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.3%
Owner-Occupied
41.7%
Renter-Occupied
58%
42%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo

Affordability & Housing Stock

Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
58.3%

Complete Housing Data

Home Values

Census Median Value$210,400
Zillow Home Value (ZHVI)$257,783

Rent

FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied58.3%
Renter-Occupied41.7%
Homeownership Rate58.3%
Total Housing Units228
Median Year Built1971
Rent Burden25.1%