Is Carlisle, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carlisle is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Carlisle was a Seller's Market.

Key Takeaway

Carlisle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Carlisle, PA

How much do homes in Carlisle, PA cost?

Median Sold Price

$296,266

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$46,266(+18.5%)

Key Takeaway

Homes in Carlisle have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in Carlisle was $296,266 in March 2024, up 18.5% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$169.5K
N/A
2 $157.5K$190K
+20.6%
3 $230K$276.1K
+20.1%
4 $370K$415K
+12.2%
5+ $390K$505K
+29.5%

Summary: Carlisle housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 20.1%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 29.5%.

Median Sold Price Compared To Nearby Cities

Carlisle
+18.5%
North Middleton Township
+6.7%
South Middleton Township
0.5%

Housing Supply in Carlisle, PA

How many homes are available in Carlisle, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
187208+11.2%

Summary: The Carlisle real estate market had 208 homes for sale in March 2024, a 11.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 2626
0.0%
3 99112
+13.1%
4 5257
+9.6%
5+ 1012
+20.0%

Summary: The Carlisle housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2829+3.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carlisle, you could pay more than the asking price. 41.4% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Carlisle in March 2024, up by 3.6% month-over-month. Of the 29 sold homes, 28% were sold under asking, 31% were sold at asking, and 41% 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

Mar 2023Mar 2024CHANGE
21 Days38 Days+80.4%

Summary: Homes in Carlisle had an average of 38 days on market in Mar 2024, up by 80.4% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carlisle are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 29 homes were sold in Carlisle; 76% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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