The housing market in 47838 Carlisle, IN is currently quite strong. According to the latest figures, the median value of homes in this area is $117,100, which is substantially lower than the US median house value of $338,100. Additionally, the houses in this area have appreciated at a rate of 14.15% over the past year—significantly higher than the US's 1-year appreciation rate of 8.27%. Clearly, now is an excellent time for people thinking about purchasing a home in Carlisle, as prices and appreciation rates indicate a healthy real estate market.
The median home cost in Carlisle (zip 47838) is $117,100. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Carlisle (zip 47838) is up 15.4%.
Average Age of Homes
- The median age of Carlisle (zip 47838) real estate is 52 years old
The Rental Market in Carlisle (zip 47838)
- Renters make up 16.5% of the Carlisle (zip 47838) population
- 0.4% of houses and apartments in Carlisle (zip 47838), 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.