Real Estate Investing in Charlottesville, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 555 • Hancock County

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Should you buy in Charlottesville, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 17.9% of homes vacant — above national norms.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $272,062
Avg Monthly Rent $1,044
ZIP Codes 1

Investing in Charlottesville Real Estate

Charlottesville, IN covers 1 ZIP codes and a population but the investment metrics here are sluggish — this is not a market to enter casually.

The investment case for Charlottesville is difficult to make on screen data alone. less favorable for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rents in Charlottesville at $1,044/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

The 0% renter share in Charlottesville masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Indianapolis-Carmel-Anderson, IN

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$272,062
Avg Monthly Rent
$1,044
1% Rule
✗ Below
Landlord Friendly (IN)

ZIP Codes in Charlottesville, IN

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Filter Charlottesville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Charlottesville, IN

How expensive is real estate in Charlottesville, IN?

Median home price in Charlottesville, IN is near $272K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.

How strong is the working-renter base in Charlottesville, IN?

The renter base in Charlottesville, IN is reasonable for the $1,044/mo price point. Screening well and pricing to market typically yields reliable tenants.

How quickly do rentals get leased in Charlottesville, IN?

Charlottesville, IN carries elevated vacancy risk. Expect stable absorption at market rents of $1,044/mo.

Does a duplex house hack pencil in Charlottesville, IN?

The a challenging house-hack environment in Charlottesville, IN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Does Charlottesville, IN favor landlords or tenants?

Rental owners in Charlottesville, IN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

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