Carlisle, PA—17013
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Carlisle, PA
Home Price Trends — Carlisle, PA
As of Oct '25, the median home price in Carlisle, PA is $277,000, with a year-over-year change of 2.8%. This indicates that home prices in Carlisle, PA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $277,000 | 2.8% |
| Single Family | $282,000 | 2.5% |
| Condos | $185,000 | 2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $134,000 | 4.7% |
2 Bed | $208,000 | 3.0% |
3 Bed | $265,000 | 3.1% |
4 Bed | $405,000 | 3.8% |
| 5 Bed | $471,000 | 3.7% |
% of Housing Stock
Rental Trends — Carlisle, PA
As of July '25, Rentcast reports the average rent in Carlisle, PA is $1,640, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Carlisle, PA is studios: $1,030, 1-bedrooms: $1,120, 2-bedrooms: $1,360, 3-bedrooms: $1,780, 4-bedrooms: $2,310. The most common rental property sizes in Carlisle, PA are 2-bedroom and 1-bedroom, accounting for 36.5% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,640 |
| Studio Rent | $945 | $1,030 |
| 1 Bed Rent | $1,100 | $1,120 |
| 2 Bed Rent | $1,300 | $1,360 |
| 3 Bed Rent | $1,800 | $1,780 |
| 4 Bed Rent | $2,150 | $2,310 |
% of Rental Stock
Property Listings — Carlisle, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Carlisle, PA is 38. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $422,000 | 3.0% |
Listing Count | 118 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 38 | -5.0% |
Demographics — Carlisle, PA
As of the latest ACS Survey released in 2023, Carlisle, PA has a population of 37,700, which has increased by 4.0% over the past 5 years. Carlisle, PA is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 34.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,700 | 4.0% |
% Under 18 | 18.7% | -6.5% |
% Seniors | 19.9% | 8.2% |
% WFH | 11.4% | 153.3% |
% w/ College Degree | 34.0% | -2.3% |
As of the latest ACS Survey released in 2023, Carlisle, PA is a predominantly white area, with 79.0% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Carlisle, PA is black, making up 8.2% of the population. Foreign-born residents account for 7.1% of the population in Carlisle, PA, and this percentage has increased by 9.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.0% | -6.4% |
% Black | 8.2% | 36.7% |
% Hispanic | 6.9% | 38.0% |
% Asian | 2.7% | 50.0% |
% Foreign Born | 7.1% | 9.2% |
Mortgage and Risk — Carlisle, PA
According to HUD data as of 2023, there were 567 mortgage originations in Carlisle, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Carlisle, PA. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 567 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Carlisle, PA
As of 2024, the percent of homes in Carlisle, PA under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Carlisle, PA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 694 |
Total Units Section 8 | 496 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $1,100 | $990 |
| 2 Bedroom | -$80 | $1,300 | $1,220 |
| 3 Bedroom | -$230 | $1,800 | $1,570 |
| 4 Bedroom | -$530 | $2,150 | $1,620 |
Affordability — Carlisle, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $277,000 |
| Median Household Income | $68,200 |