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CARLISLE, IN 47838

Real Estate Market Report  ·  Sullivan County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CARLISLE, IN real estate market (47838) currently shows 3 active listings. Homes are averaging 40 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 40 days on market compared to 94 days last year.

The median listing price has fallen 12.3% year-over-year, from $136,800 to $120,000.

Whether you are buying or selling in CARLISLE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,916  ·  Density: 14.6/mi²  ·  Median household income: $73,051

Typical home value: $109,360  ·  Homeownership: 85.5%

Market Overview

Active Listings
3
vs 3 last year
Pending
0
0% pending ratio
Median Price
$120,000
⇩ 12.3% vs $136,800 last year
Average Price
$117,667
⇩ 16.2% vs $140,400 last year
Days on Market
40
⇩ 57.4% vs 94 days last year

Price Per Square Foot

Median $/sqft
$128
⇧ 91% vs $67/sqft last year
Median Home Size
936 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 40 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $120,000 (-12.3% YoY)
  • Average: $117,667 (-16.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.0 miles — 144 listings ($29,563,317 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47838Carlisle, IN 478380.0 mi2$179,000$89,500$89,500
47561Oaktown, IN 475617.6 mi6$959,400$122,400$159,900
47882Sullivan, IN 478829.4 mi51$10,733,511$221,950$210,461
47578Sandborn, IN 4757811.0 mi2$443,500$221,750$221,750
62451Palestine, IL 6245112.5 mi4$180,000$42,500$45,000
47512Bicknell, IN 4751212.7 mi18$2,534,346$116,900$140,797
47443Lyons, IN 4744315.5 mi1$160,000$160,000$160,000
62427Flat Rock, IL 6242716.2 mi1$239,000$239,000$239,000
47568Plainville, IN 4756817.3 mi1$439,000$439,000$439,000
47438Jasonville, IN 4743817.4 mi19$4,688,497$148,400$246,763
47850Farmersburg, IN 4785020.1 mi8$1,575,888$186,450$196,986
62454Robinson, IL 6245420.6 mi29$6,991,175$225,000$241,075
47449Newberry, IN 4744921.0 mi2$440,000$220,000$220,000

Frequently Asked Questions

How many homes are for sale in CARLISLE, IN 47838?

As of February 2026, there are 3 active listings in CARLISLE, IN (zip code 47838), compared to 3 the prior year.

What is the median home price in CARLISLE, IN 47838?

The median listing price in CARLISLE, IN 47838 is $120,000 as of February 2026, a 12.3% decrease from $136,800 the prior year.

How long do homes stay on the market in CARLISLE, IN?

Homes in CARLISLE, IN 47838 spend an average of 40 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in CARLISLE, IN 47838?

Based on current inventory and days-on-market data as of February 2026, CARLISLE, IN 47838 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 40 days on market compared to 94 days last year.

How much can I save on real estate commission in CARLISLE, IN?

With SELL123.com's maximum 3% commission, sellers in CARLISLE, IN 47838 save an estimated $2,400 compared to a typical 5% commission on the median listing price of $120,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.