What is the median home value in Lake Charter Township, MI?
The median value of owner-occupied homes in Lake Charter Township, MI is $299,800 (±$41,926), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Lake Charter Township, the median home value went from $176,100 in 2015–2019 to $299,800 in 2020–2024 (+70.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $299,800 (±$41,926)
- Owner-occupied homes
- 1,117 (±150)
- Most common range
- $300,000 to $499,999
Home values in Lake Charter Township
| Value | Lake Charter Township | Berrien County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 3.9% (±3.5 points) | 6.6% | 7.6% | 5.3% |
| $50,000 to $99,999 | 8.2% (±4.6 points) | 10.0% | 9.2% | 6.1% |
| $100,000 to $149,999 | 4.2% (±3.4 points) | 11.1% | 10.6% | 6.8% |
| $150,000 to $199,999 | 15.0% (±6.8 points) | 14.9% | 14.1% | 9.0% |
| $200,000 to $299,999 | 18.7% (±7.9 points) | 25.2% | 23.4% | 17.8% |
| $300,000 to $499,999 | 35.6% (±9.2 points) | 21.2% | 24.1% | 26.9% |
| $500,000 to $999,999 | 10.8% (±5.8 points) | 8.5% | 9.2% | 20.9% |
| $1,000,000 or more | 3.5% (±3.3 points) | 2.4% | 1.6% | 7.1% |
The most common range is $300,000 to $499,999, 35.6% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Lake Charter Township against Berrien County, its state and the nation
| Lake Charter Township | Berrien County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $299,800 (±$41,926) | $224,300 (±$3,751) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 1,117 (±150) | 46,611 (±875) | 2,984,190 (±12,886) | 84,210,142 |
In Lake Charter Township, the median home value is higher than in Berrien County ($224,300).
It is also higher than in Michigan ($231,600).
It is not measurably different from the national figure ($332,700).
In Berrien County, Lake Charter Township ranks 5 of 30 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 226 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Lake Charter Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $176,100 (±$30,899) | $299,800 (±$41,926) | +70.2% | Up after inflation |
| Median owner cost with a mortgage | $1,266 (±$134) | $1,826 (±$96) | +44.2% | Up after inflation |
| Median real estate taxes | $1,896 (±$207) | $2,924 (±$487) | +54.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Lake Charter Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Lake Charter Township | — | $299,800 (±$41,926) | — |
| Bridgman | 1.8 mi | $238,400 (±$16,221) | Lower |
| Baroda Township | 3.2 mi | $234,400 (±$44,302) | Lower |
| Baroda | 3.6 mi | $158,800 (±$71,940) | Lower |
| Shorewood-Tower Hills-Harbert | 4.8 mi | $343,000 (±$37,418) | Not measurably different |
| Weesaw Township | 5.1 mi | $218,300 (±$10,444) | Lower |
| Chikaming Township | 6.0 mi | $366,900 (±$44,445) | Higher |
| Stevensville | 6.6 mi | $191,200 (±$34,923) | Lower |
| Lincoln Charter Township | 6.9 mi | $299,100 (±$16,586) | Not measurably different |
Nearby places with a measurably lower figure: Bridgman, MI ($238,400), Baroda Township, MI ($234,400), Baroda, MI ($158,800).
Nearby places with a measurably higher figure: Chikaming Township, MI ($366,900).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Berrien County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | New Buffalo Township | $618,200 (±$70,054) |
| 2 | New Buffalo | $391,200 (±$45,684) |
| 3 | Chikaming Township | $366,900 (±$44,445) |
| 4 | Royalton Township | $356,700 (±$23,266) |
| 5 | Lake Charter Township | $299,800 (±$41,926) |
| 6 | Lincoln Charter Township | $299,100 (±$16,586) |
| 7 | St. Joseph | $299,000 (±$28,098) |
| 8 | Bertrand Township | $297,100 (±$32,768) |
| 9 | Berrien Township | $252,500 (±$32,611) |
| 10 | St. Joseph Charter Township | $248,900 (±$12,703) |
| 11 | Three Oaks Township | $245,500 (±$18,262) |
Showing 11 of 30 places in Berrien County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lake Charter Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lake Charter Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Lake Charter Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Lake Charter Township, and send estimates and invoices from your phone.
Questions about Lake Charter Township
What is the average home value in Lake Charter Township, MI?
The Census Bureau publishes the median: $299,800 (±$41,926) for owner-occupied homes in Lake Charter Township (2020–2024 American Community Survey).
Have home values in Lake Charter Township gone up?
In Lake Charter Township, the median home value went from $176,100 in 2015–2019 to $299,800 in 2020–2024 (+70.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Lake Charter Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake charter township, Berrien County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake charter township, Berrien County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lake charter township, Berrien County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lake charter township, Berrien County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake charter township, Berrien County, Michigan (county subdivision:44260, in state:26 county:021).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Charter Township at a glance
- Median rent in Lake Charter Township
- Renters and owners in Lake Charter Township
- Income and affordability in Lake Charter Township
- Homeowner costs in Lake Charter Township
- Property taxes in Lake Charter Township
- Types of homes in Lake Charter Township
- Bedrooms in Lake Charter Township
- Age of homes in Lake Charter Township
- Heating fuel in Lake Charter Township
- Commute and cars in Lake Charter Township
- Population growth in Lake Charter Township
- How long people stay in Lake Charter Township
- Michigan landlord and tenant rules
- Housing across Berrien County
- Michigan places ranked by median home value
- Housing data for every place in Michigan