Carlisle, AR is a great place to invest in housing. The median value of housing in this area is $143,400 which is much lower than the US median value of $338,100. This means that potential buyers can acquire a home for a much lower price and still benefit from the appreciation of their investment. In the past year alone, house values in Carlisle have increased by 12.20%, which is higher than the 8.27% increase seen nationally. Overall, Carlisle offers an attractive market for those interested in purchasing a home and taking advantage of rising real estate prices.
The median home cost in Carlisle is $143,400. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Carlisle is up 15.1%.
Average Age of Homes
- The median age of Carlisle real estate is 42 years old
The Rental Market in Carlisle
- Renters make up 28.0% of the Carlisle population
- 7.1% of houses and apartments in Carlisle, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.