Commercial Real Estate Market in Carlisle, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
84 active listings and 1,539 off-market properties in Carlisle, PA. Commercial property asks $139/SF to buy and $13.05/SF/Yr to lease (based on 6 listings).
Market Trends
Carlisle, PA spans 150.0 square miles in Cumberland County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Carlisle, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
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%.
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%.
Multifamily
Across Cumberland County, multifamily space asks $170/SF to buy. Multifamily vacancy in Carlisle, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Mechanicsburg | $113 | $17.50 |
| Dillsburg | $241 | — |
Commercial property in Carlisle, PA asks $139/SF. The 2 bordering markets run from $113/SF in Mechanicsburg to $241/SF in Dillsburg, and the city sits below their $177/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Carlisle?
How much does it cost to lease commercial space in Carlisle?
How does Carlisle compare to nearby markets on price?
What zoning applies to commercial property in Carlisle?
Where does Realmo's Carlisle market data come from?
Methodology & data sources
- Asking prices and medians
- There are 49 active for-sale and 35 active for-lease listings in Carlisle, PA. The medians are based on 28 of the for-sale and 6 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
