Is Carlisle, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Carlisle has remained a Seller's Market.
Key Takeaway
Carlisle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carlisle, PA
How much do homes in Carlisle, PA cost?
Median Sold Price
$293,750
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Carlisle have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Carlisle was $293,750 in May 2024, up 6.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $169.5K | N/A |
| 2 Bedrooms | $178.5K | $185K | +3.6% |
| 3 Bedrooms | $240.1K | $275K | +14.5% |
| 4 Bedrooms | $375.9K | $424.9K | +13.0% |
| 5+ Bedrooms | $495K | $545K | +10.1% |
Summary: Carlisle housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Carlisle | $275K | $293.7K | +6.8% |
| North Middleton Township | $295K | $313K | +6.1% |
| South Middleton Township | $360K | $323.7K | -10.1% |
Housing Supply in Carlisle, PA
How many homes are available in Carlisle, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 194 | 209 | +7.7% |
Summary: The Carlisle real estate market had 209 homes for sale in May 2024, a 7.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 31 | 31 | 0.0% |
| 3 Bedrooms | 101 | 122 | +20.8% |
| 4 Bedrooms | 49 | 45 | -8.2% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The Carlisle housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 35 | -25.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carlisle, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in Carlisle in May 2024, down by 25.5% month-over-month. Of the 35 sold homes, 17% were sold under asking, 23% were sold at asking, and 60% were sold over asking.
Days on Market for Carlisle, PA
How long does it take to sell a home in Carlisle, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 39 Days | 21 Days | -44.5% |
Summary: Homes in Carlisle had an average of 21 days on market in May 2024, down by 44.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Carlisle are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 35 homes were sold in Carlisle; 80% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
