Market Overview
Home Prices in Charlestown, IN
The median home value in Charlestown, IN is $309,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Charlestown are priced24% below average. Charlestown is part of the Louisville/Jefferson County, KY-IN metro area.
Over the past five years, Charlestown home values have risen by approximately23.5%, reflecting strong long-term appreciation in this market.
Price History
Charlestown Home Price Trend
City Comparison
Charlestown vs. National Median
At $309,771, homes in Charlestown cost 24% below the national median of $410,000. This makes Charlestown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Charlestown?
20% Down Payment
$61,954
on $309,771
Monthly P&I
$1,616/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,052/mo
incl. taxes & insurance
Income Needed
$82,080
gross annual (30% rule)
10% Down Option
$30,977
+ PMI applies
Loan Amount (20% dn)
$247,817
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Charlestown, IN?
The median home value in Charlestown is $309,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Charlestown?
Over the past year, home values in Charlestown have increased by 2.3%. Over five years, prices have risen approximately 23.5%.
How much do I need to earn to buy a home in Charlestown?
To comfortably afford the median home price of $309,771 with a 20% down payment ($61,954) at today's rates (6.8%), you'd need a gross annual income of approximately $82,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Charlestown compare to the national average home price?
The national median home value is approximately $410,000. At $309,771, homes in Charlestown are 24% below the national average.
What metro area is Charlestown part of?
Charlestown is part of the Louisville/Jefferson County, KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.