02813, Charlestown, RI

The 2813 zip code of Charlestown, Rhode Island is home to a population of approximately 9,000 residents. The median household income in this zip code is $77,500 and the median home value is $225,000. Over the past five years, the average annual increase in home values has been 5.5%.

Home equity is an important factor for many homeowners. Home equity allows homeowners to borrow against the value of their homes and use that money to pay off other debts or invest in other assets. Home prices are also important for buyers and sellers alike. When buyers want to buy a house, they look at the price of homes in the area and compare it to their own budget. If they can afford a house but it's outside their budget, they may look at houses closer to their budget range but with lower home values. If they can afford a house within their budget but it has high home values, they may choose to buy a house with low home values instead.