Carlisle, MA Real Estate
Get up-to-the-second info about residential real estate in Carlisle, MA, with Boston City Properties. Whether you’re in the market to buy a house, condo or townhouse or even looking to rent an apartment or other property, you’ll find what you need faster and easier by connecting with us. That’s partly because we will give you free, instant access to our searchable online database of Massachusetts real estate listings. It’s also because we have connections with skilled real estate agents in this town and can refer you to one whenever you are ready.
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Because Carlisle is such a small town, its real estate market is fairly limited. If you are determined to buy property here, then, you’ll need all of the help that you can get. With Boston City Properties’ search tool, you can select this town from the list of locations to limit your search there. You can also apply filters to restrict your results to properties that meet your requirements. Without even having to get up from the computer, you will be well on your way to finding the kind of property that you’d like to buy or rent in this charming town.
Situated roughly 19 miles northwest of Boston, the Middlesex County town of Carlisle had a population of just over 4,800 at the time of the 2010 U.S. Census. As such, it is one of the smallest towns in the state. Not surprisingly, this means that it doesn’t tend to have a lot of variety in terms of real estate. Covered by the 01741 zip code, this small town is bordered by several others, including Acton, Concord, Bedford and Westford. If you would like to be relatively close to Boston without as much of an urban vibe, Carlisle may be right for you.
In addition to being very small and therefore lacking much in the way of a real estate market, Carlisle is a fairly expensive place to live. Real estate values in this town tend to be much higher than the state average, and goods and services may also cost a bit more than they do elsewhere. On the U.S. cost of living index, a score of 100 is average. This town most recently had a cost of living score of 160.2, which is not only higher than the national average but is higher than the state average of 137.7 as well.
If you are indeed looking to buy residential real estate in the town of Carlisle, MA, be prepared to spend a hefty sum. The real estate market here has historically been far pricier than average, and that is truer today than ever. The median list price of $998,000 is more than double that of the state, which is $419,000. The median sale price is $864,000 for the town and $356,000 for Massachusetts. If you prefer to compare by price per square foot, it is $286 in Carlisle and $242 across the state.
Based on how closely closing prices seem to be to list prices in Carlisle, it is safe to say that the town has a fairly robust market at the moment. At least, that’s definitely the case in terms of property values. This also suggests that there is currently more of a seller’s market than a buyer’s market, as sellers seem to be getting close to what they are asking for. Happily, however, it doesn’t appear that homes are selling for over list, so you are unlikely to face any major bidding wars. Either way, though, let Boston City Properties connect you with a local agent who can guide you through those steps.
Another way to determine how well a real estate market is faring is by considering how long homes sit there before selling. When the market is hot for sellers, homes tend to fly off the market in a matter of days. Given that homes are staying on the market in Carlisle for an average of 97 days, however, it appears that there is more of a buyer’s market happening. Most recently, there were around 21 homes for sale, which is fairly average for the town given its very small size and population.
It also pays to consider the direction in which the market is heading before buying real estate. Even if you’re not investing, you don’t want to end up with a home that has negative equity. While home values in this town are very high, they don’t appear to be climbing at a very rapid clip. The current year over year appreciation rate for the town is around 1.6 percent, which is fairly low. Still, you shouldn’t have to worry about buying property that proceeds to drop in value. Around 2 percent of the homes here have negative equity, which is a very small number and shows that property values are strong.
For many buyers, Carlisle is simply too pricey. An important part of buying residential real estate is selecting something that suits your budget. If homes here don’t, you should check out options in neighboring communities. For example, if you need something that is a lot more affordable, consider Lowell. There, the median sale price is around $240,000. Meanwhile, over in Lincoln, the median sale price is $936,000. Regardless of what kind of budget you have, then, you should be able to find something that suits it somewhere in the area.
In-depth information about the types of residential properties that are typically available in Carlisle isn’t readily available. Given the small size of the town, however, it tends to be overwhelmingly residential in nature. Because it isn’t nearly as densely populated as areas that are closer to Boston, you should be able to take your pick from a fairly large array of single-family homes, and there are several neighborhoods and subdivisions to consider too. Even if you are looking for something that’s less widely available, Boston City Properties can help. We’ll refer you to a local agent whose insider knowledge is sure to come in handy.
If you have ever compared prices for single-family homes versus townhouses, you probably know that detached homes tend to be pricier. If you are in the market for a townhome in Carlisle, then, you can expect to spend a bit less than you would if you were buying a single-family home. To give you an idea about the variations here, consider this: In 2015, the median sale price for single-family homes in this town was $570,000; that same year, the median sale price for townhouses of all sizes was $450,000.
As you have probably surmised by now, Carlisle, Massachusetts, is dominated by neighborhoods of single-family homes. Not surprisingly, the vast majority of people in this town own their homes rather than rent them. This also means that there isn’t usually a very large inventory of rental properties, including apartments. With all of that being said, if you are looking to rent a place in this town, Boston City Properties can help. Check current availability for apartments and other rentals through our search tool. Note that while the median monthly rent price in MA is around $2,500, it is around $3,400 in Carlisle.
With easy access to timely and accurate information, you will have a much easier time finding the right residential real estate in Carlisle. However, your search will be easier or more difficult depending on the type of property that you want and whether you will be buying or renting. Without a doubt, the easiest thing to find in this town is a single-family home for sale, and the most difficult is probably an apartment or other property type for rent. No matter what you need in this town, Boston City Properties can help you find it—and we’ll refer you to agents who can too.
- Single-family homes – Most of the very few residential properties in this small town fall into this category. Due to the small size of Carlisle, however, there isn’t much in the way of variety. Most of the homes here are around the same age, although there is a bit of a mix of older and newer homes in some areas. The average size of a single-family home is quite large at 4,700 square feet, so odds are that it would be easier to find a large home than a small one.
- Townhouses and condos – In larger towns and cities, finding suitable condos and townhomes can be a tall order. It is even more difficult in small markets like this one. Don’t worry, though. The agent to whom we refer you will know this town and its market like the back of their hand. Because they will have insider knowledge and plenty of connections, they are more likely to find what you are after. You can search our listings to see if any are currently available, and you can select more than one town or city to cast a wider net.
- Apartments – Of all of the property types that are available in Carlisle, apartments tend to be the most difficult to find. That is because this town is dominated by large, expensive single-family homes. If you want to save money by renting a place, this isn’t where to do it. Across MA, the median monthly rent is around $2,500. It is almost $1,000 more per month here, so you will definitely pay more. You can use our search tool to check availability for apartments for rent in Carlisle, so you can quickly get a feel for what’s out there. We can also connect you with an agent who can assist you with your apartment hunting.
How Boston City Properties Can Help
In some markets, the sheer volume of options can be overwhelming. In Carlisle, the opposite tends to be true, so finding suitable real estate can be quite a challenge. Don’t rush the process or settle for something that’s not just right. Connect with Boston City Properties and start searching our listings for what you need right away. We’ll give you free, unlimited access right away when you complete and submit the simple form. From there, you can search for exactly what you need from the comfort of home.
Once you have access to our listings, click over to our search tool. You can select Carlisle from the list of locations only, or you can select multiple towns, cities or Boston neighborhoods to broaden your search. Refine your results further by adjusting search filters for things like price, total beds and baths and total square footage. Each listing that appears will include tons of detailed information about the property along with plenty of pictures. Some listings include things like virtual tours too, which really come in handy and help to make the search that much more productive.
Are you ready to start your search for Carlisle, MA, real estate? Boston City Properties is ready to help! Sign up right now to start searching our free, constantly updated MA real estate listings right away. Click your way to a list of promising options in no time flat. If you have any questions about any listings, contact our team for assistance. When the time comes to look at properties in person, give us a call for a referral to a local real estate professional who can take you to look at properties and more. For more information, call Boston City Properties today.
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