Carlisle, IN—47838
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carlisle, IN
As of Oct '25, the median home price in Carlisle, IN is $151,000, with a year-over-year change of 6.2%. This indicates that home prices in Carlisle, IN are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $151,000 | 6.2% |
| Single Family | $150,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $94,000 | -1.1% |
3 Bed | $169,000 | 5.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carlisle, IN
Carlisle, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,300 | $1,300 |
% of Rental Stock
Property Listings — Carlisle, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Carlisle, IN is 16. This is a decrease of -8.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $130,000 | -29.0% |
Listing Count | 3 | -68.0% |
| Listings as % of Homes | 0.1% | -68.0% |
Days on Market | 16 | -8.0% |
Demographics — Carlisle, IN
As of the latest ACS Survey released in 2023, Carlisle, IN has a population of 3,950, which has increased by 10.2% over the past 5 years. Carlisle, IN is a less popular place for families, as children make up 11.9% of the population. The area has a poorly educated workforce, with 8.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,950 | 10.2% |
% Under 18 | 11.9% | 15.5% |
% Seniors | 12.4% | 1.6% |
% WFH | 1.7% | -39.3% |
% w/ College Degree | 8.6% | 14.7% |
As of the latest ACS Survey released in 2023, Carlisle, IN is a predominantly white area, with 73.5% of the population identifying as white. The white population has grown by 2.5% in the last 5 years. The second most common race or ethnicity in Carlisle, IN is black, making up 15.5% of the population. Foreign-born residents account for 1.1% of the population in Carlisle, IN, and this percentage has increased by 57.1% 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 | 73.5% | 2.5% |
% Black | 15.5% | -29.5% |
% Hispanic | 2.8% | -26.3% |
% Asian | 0.5% | ∞% |
% Foreign Born | 1.1% | 57.1% |
Mortgage and Risk — Carlisle, IN
According to HUD data as of 2023, there were 31 mortgage originations in Carlisle, IN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Carlisle, IN. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 31 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Carlisle, IN
Carlisle, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | $140 | $1,300 | $1,440 |
Affordability — Carlisle, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $151,000 |
| Median Household Income | $65,000 |