Carlisle, PA—17015
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 $380,000, with a year-over-year change of 4.2%. This indicates that home prices in Carlisle, PA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $380,000 | 4.3% |
| Single Family | $383,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $248,000 | 2.9% |
3 Bed | $353,000 | 3.8% |
4 Bed | $495,000 | 4.2% |
| 5 Bed | $642,000 | 4.9% |
% of Housing Stock
Rental Trends — Carlisle, PA
As of July '25, Rentcast reports the average rent in Carlisle, PA is $2,020, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Carlisle, PA is 1-bedrooms: $1,520, 2-bedrooms: $1,780, 3-bedrooms: $2,120, 4-bedrooms: $2,350. The most common rental property sizes in Carlisle, PA are 2-bedroom and 3-bedroom, accounting for 57.9% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,520 | $1,520 |
| 2 Bed Rent | $1,870 | $1,780 |
| 3 Bed Rent | $2,200 | $2,120 |
| 4 Bed Rent | $2,000 | $2,350 |
% 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 46. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $460,000 | 4.0% |
Listing Count | 91 | 32.0% |
| Listings as % of Homes | 0.5% | 32.0% |
Days on Market | 46 | 1.0% |
Demographics — Carlisle, PA
As of the latest ACS Survey released in 2023, Carlisle, PA has a population of 24,200, which has increased by 16.0% over the past 5 years. Carlisle, PA is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 35.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,200 | 16.0% |
% Under 18 | 20.6% | -3.3% |
% Seniors | 21.1% | 25.6% |
% WFH | 12.8% | 166.7% |
% w/ College Degree | 35.3% | 20.5% |
As of the latest ACS Survey released in 2023, Carlisle, PA is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Carlisle, PA is hispanic, making up 2.1% of the population. Foreign-born residents account for 2.1% of the population in Carlisle, PA, and this percentage has decreased by 22.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.0% | -0.5% |
% Black | 0.8% | 0.0% |
% Hispanic | 2.1% | 90.9% |
% Asian | 1.0% | -47.4% |
% Foreign Born | 2.1% | -22.2% |
Mortgage and Risk — Carlisle, PA
According to HUD data as of 2023, there were 515 mortgage originations in Carlisle, PA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Carlisle, PA. Investor activity is low, as 3.0% 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 | 515 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% 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 2.0%. 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 | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $1,520 | $1,140 |
| 2 Bedroom | -$470 | $1,870 | $1,400 |
| 3 Bedroom | -$400 | $2,200 | $1,800 |
| 4 Bedroom | -$140 | $2,000 | $1,860 |
Affordability — Carlisle, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $380,000 |
| Median Household Income | $87,600 |