Carlisle, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Carlisle Neighborhoods Since 2000




Carlisle, OH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Carlisle Housing Market Information

With a population of 5,259, 1,822 total housing units (homes and apartments), and a median house value of $133,739, house prices in Carlisle are solidly below the national average.

Single-family detached homes are the single most common housing type in Carlisle, accounting for 82.12% of the city's housing units. Other types of housing that are prevalent in Carlisle include large apartment complexes or high rise apartments ( 15.64%), row houses and other attached homes ( 1.22%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Carlisle. Owner-occupied housing accounts for 75.57% of Carlisle's homes, and 69.43% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Carlisle built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Carlisle built between 1940-1969 ( 35.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.71%). There's also some housing in Carlisle built before 1939 ( 3.46%).

Vacant housing appears to be an issue in Carlisle. Fully 14.70% of the housing stock is classified as vacant. Left unchecked, vacant Carlisle homes and apartments can be a drag on the real estate market, holding Carlisle real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Carlisle Home Appreciation Rates

Carlisle's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Carlisle during the period has been just -1.03%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Carlisle's appreciation rate, at 3.34%, has been at or slightly above the national average. In the latest quarter, Carlisle's appreciation rate has been 0.40%, which annualizes to a rate of 1.62%.

Relative to Ohio, our data show that Carlisle's latest annual appreciation rate is higher than 50% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$133,739

Carlisle, OH HOME PRICES

Value Range
> $1,088,000 0.0
$816,001 - $1,088,000 0.8
$544,001 - $816,000 0.0
$435,001 - $544,000 0.1
$326,001 - $435,000 1.0
$217,001 - $326,000 5.4
$109,001 - $217,000 68.6
$54,001 - $109,000 18.2
$0 - $54,000 5.8

Average for OH
Average for Nation

Value Relative to Nation Value Relative to State
57.8167115902965 50.5249343832021

Number Of Homes And Apartments:
1,822

Carlisle Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
-1.64% -0.10% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$936 / per month

Homeownership Rate

Homeownership
Owners 75.57
Renters 24.43
Vacant 14.70

Housing Market Details

 

Age of Homes

AGE OF Carlisle HOMES
2000 or Newer 22.7
1970 - 1999 38.0
1940 - 1969 35.8
1939 or Older 3.5

Types of Homes

TYPE OF Carlisle HOMES
Single-Family 82.1
Townhomes 1.2
Small Apt. Buildings 1.0
Apt. Complexes 15.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Carlisle HOMES
No Bedroom 3.75
1 Bedroom 4.68
2 Bedrooms 19.80
3 Bedrooms 52.86
4 Bedrooms 16.57
5 or more bedrooms 2.34