Call or Text (240) SELL-123

CARLISLE, IN 47838

Real Estate Market Report  ·  Sullivan County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$89,500
⇩ 30.9% vs $129,500 last year
Average Price
$89,500
⇩ 30.9% vs $129,500 last year
Days on Market
59
⇩ 18.1% vs 72 days last year

Market Context

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

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

Market Analysis

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

The CARLISLE, IN real estate market (47838) currently shows 2 active listings, with 1 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 59 days on market compared to 72 days last year.

The median listing price has fallen 30.9% year-over-year, from $129,500 to $89,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CARLISLE, IN 47838 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 59 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $89,500 (-30.9% YoY)
  • Average: $89,500 (-30.9% 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

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 January 2026, there are 2 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 $89,500 as of January 2026, a 30.9% decrease from $129,500 the prior year.

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

Homes in CARLISLE, IN 47838 spend an average of 59 days on the market before going under contract, compared to 72 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 January 2026, CARLISLE, IN 47838 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 59 days on market compared to 72 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 $1,790 compared to a typical 5% commission on the median listing price of $89,500. 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.