Commercial Real Estate Market in Carlisle, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
154 active listings and 1,539 off-market properties in Carlisle, PA. Commercial property asks $75/SF to buy and $9.66/SF/Yr to lease.
Market Trends
Carlisle, PA spans 150.0 square miles in Cumberland County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Carlisle, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Carlisle, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Carlisle, PA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Carlisle, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48.4%
- Industrial 19.5%
- Civic 12.8%
- Commercial 7.6%
- Mixed use 5.5%
- Open space 3.2%
- Planned_development 3.1%
Largest Zones share of zoned land by district
Medium Density Residential
Low Density Residential
Institutional
General Industrial
Town Center Residential
Carlisle, PA zones 3,503 acres across 17 districts. Commercial zoning covers 7.6% of zoned land, residential 48.4%, open space 3.2% and industrial 19.5%. The largest single district is Medium Density Residential at 20.6%. For commercial buyers the practical constraint is that only 27.1% of land carries a commercial or industrial designation.
Institutional (INS)
INS Institutional District OS Open Space District FP Floodplain area (an overlay district) HP Historic Preservation District (an overlay district) APT Airport District (an overlay district) § 255-6 Lot sizes. Any lot and the open spaces and yards required on it must equal or exceed the minimum sizes prescribed by this chapter for the district in which the lo…
Market overview
Demographics & Economy
Carlisle, PA has 58,894 residents in 26,090 households. Density runs 393 people per square mile. Median household income here is $75,533 and median gross rent $1,075 a month.
58,894
Population
26,090
Households
2.3
Avg Household Size
43
Median Age
35%
College-Educated
93%
High-School Grad
150 sq mi
ZIP Area
393
Density / Sq Mi
$75,533
Median Household Income
$40,613
Median Earnings
$1,075
Median Rent
$244,270
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Plainfield | — | — |
| Mount Holly Springs | — | — |
| South Middleton | — | — |
| Navy Sup Dpt | — | — |
Commercial property in Carlisle, PA asks $75/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Carlisle?
Commercial property in Carlisle, PA asks an average of $75 per square foot. The 3 most recent recorded sales traded at a median of $121/SF.
How much does it cost to lease commercial space in Carlisle?
Asking lease rates in Carlisle, PA average $9.66 per square foot per year.
What zoning applies to commercial property in Carlisle?
Carlisle, PA zones 3,503 acres across 17 districts, of which 7.6% is commercial and 19.5% industrial. The largest single district is Medium Density Residential at 20.6% of zoned land. Residential zoning covers 48.4% and open space 3.2%.
Where does Realmo's Carlisle market data come from?
Realmo compiles Carlisle, PA figures from 6 recent recorded sales, 109 active sale listings, 45 active lease listings, 1,539 tracked off-market properties, the current Carlisle zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 109 active for-sale and 45 active for-lease listings in Carlisle, PA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,503 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
