Real Estate Investing in Carlisle, Pennsylvania

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2 ZIP codes • Population: 61,978 • Cumberland County

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Should you buy in Carlisle, PA? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Carlisle, PA?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.1% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $345,548
Avg Monthly Rent $1,547
ZIP Codes 2

Local Pulse Report

AI-researched developments and news for Carlisle, PA. Updated on demand as visitors ask.

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Growth & development in Carlisle, PA Updated yesterday
Carlisle is experiencing significant infrastructure upgrades, new residential construction, and major commercial developments, alongside some employer closures.
Opportunities
  • Carlisle Companies is investing over $45 million to expand its Research & Innovation Center, adding 50,000 sq ft of lab space. — This expansion will create new jobs and accelerate product development in energy-efficient building solutions. Carlisle Companies
  • A $15 billion hyperscale data center campus, Pennsylvania Digital I (PAX), is planned for Carlisle, with 300 MW delivered by Q2 2027. — This project will create high-skilled jobs and generate over $65 million in direct tax revenue for the local community. PA Data Center Partners
  • The former Frog, Switch & Manufacturing Company site is being redeveloped into a mixed-use urban development with $10 million in grant funding. — This transforms a contaminated industrial site into productive assets, creating jobs and strengthening the local tax base. U.S. EPA Mid-Atlantic Region
  • Construction has started on a new restaurant and grocery store at the former Masland/IAC site. — This provides new dining and shopping options for residents and revitalizes a former industrial area. The Sentinel
  • Carlisle Borough approved a switch to 100% renewable energy and $429,000 for infrastructure, including traffic signal upgrades. — This promotes environmental sustainability and improves traffic flow and safety in the downtown area. Carlisle Borough
Concerns
  • Utz Brands closed its Carlisle kettle chip manufacturing plant in Q1 2024, its oldest facility. — While no job losses were reported, this represents a reduction in local manufacturing presence. Food Dive
  • A logistics supply chain company ceased operations at a Cumberland County facility in November 2025. — This closure resulted in over 150 workers losing their jobs. WHTM
Bottom line: Carlisle is experiencing substantial growth in technology and infrastructure, with ongoing efforts to redevelop former industrial sites, despite some manufacturing and logistics closures.
Local news & events in Carlisle, PA Updated yesterday
Carlisle has seen a mix of community engagement, crime concerns, and environmental discussions over the past year, with a focus on local events and public safety.
Opportunities
  • Carlisle Borough Council adopted updated Outside Agency Funding Guidelines in September 2026, ensuring smaller neighborhood groups can still receive municipal support. — This expands opportunities for diverse community organizations to access funding based on their impact, not just their IRS status. Awesome Carlisle
  • Carlisle celebrated its 275th anniversary with a three-day carnival in September 2026, benefiting emergency services. — This provided a community-wide celebration and supported vital local emergency services through voluntary participation. CarlislePA.org
  • Heritage tourism in Carlisle increased by 12% in fiscal year 2025, leading to new downtown zoning measures. — This growth in tourism supports local businesses and cultural institutions, expanding economic opportunities and downtown vitality. Elearning
  • The Carlisle Theatre and independent art galleries have seen increased investment and membership growth in the last year. — This diversifies local entertainment and cultural options, attracting new residents and expanding choices for existing ones. Elearning
  • Carlisle's violent crime rate dropped by 8.6% from the previous year, with a safety grade of A. — A decrease in violent crime enhances public safety and improves the overall quality of life for residents. OpenCrime
Concerns
  • A Carlisle-based manure company and its owner were charged in June 2026 for a 2021 spill that contaminated Franklin County drinking water. — This imposed unconsented costs on residents through contaminated drinking water and potential long-term health concerns. fox43.com
  • Carlisle's water quality report from July 2026 indicates 6 contaminants exceed health advocacy guidelines, including disinfection byproducts and carcinogens. — This imposes unconsented health risks and potential costs on residents due to exposure to harmful chemicals in their drinking water. Carlisle PA Water Quality Report
  • Carlisle Borough Council unanimously tabled a proposal in February 2026 for license plate reading cameras due to strong resident opposition. — Residents expressed concerns about privacy, data misuse, and the potential for mass surveillance to erode community trust. Carlisle Puts “Big Brother” on Hold
  • An analysis in July 2026 linked warehouse expansion and associated truck traffic in Cumberland Valley to higher air pollution levels in Carlisle. — This imposes unconsented environmental and health costs on residents due to increased particulate matter in the air. Spotlight PA
  • Carlisle recorded 5 murders in 2024, with a murder rate of 21.6 per 100K, despite an overall drop in violent crime. — This represents a severe restriction on the safety and well-being of individuals and the community. OpenCrime
Bottom line: Carlisle is actively addressing community development and public safety, while facing ongoing challenges related to environmental quality and crime.

AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.

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Landlord Ground Truth

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Avg Home Value
$345,548
Avg Monthly Rent
$1,547
1% Rule
✗ Below
Landlord Friendly (PA)

🎓 Colleges & Universities in Carlisle

1 College 2,217 Students
B
Dickinson College
4-Year Private · 2,217 students

Neighborhoods in Carlisle

ZIP Codes in Carlisle, PA

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Frequently Asked Questions About Carlisle, PA

What is the typical rental rate in Carlisle, PA?

Rent in Carlisle, PA is around $1,547/mo. The resulting rent-to-value relationship with $346K pricing is reasonable for most investor models.

Is it easy to find good tenants in Carlisle, PA?

Carlisle, PA offers a stable renter base at the $1,547/mo rent level. Tenant turnover is reasonable for well-managed properties.

How does Carlisle, PA rate as a rental market?

Our data puts Carlisle, PA at 3.0/5 for investability. Home prices of $346K and rents around $1,547/mo create a solid backdrop for investor activity.

Is Carlisle, PA good for house hacking?

Carlisle, PA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,547/mo rent level.

Are there empty rentals in Carlisle, PA?

Vacancy risk in Carlisle, PA is elevated. That supports stable cash flow for typical rental holds.

Community Ratings

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