Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,218 people, 1,234 houses or apartments, and a median cost of homes of $194,097, house prices in Carlyle are solidly below the national average.
Single-family detached homes are the single most common housing type in Carlyle, accounting for 76.20% of the city's housing units. Other types of housing that are prevalent in Carlyle include duplexes, homes converted to apartments or other small apartment buildings ( 14.42%), mobile homes or trailers ( 4.81%), and a few large apartment complexes or high rise apartments ( 3.45%).
The most prevalent building size and type in Carlyle are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.49% owning and 39.51% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Carlyle's housing was primarily built during this period, from the '40s through the '60s. A full 41.19% of the city's housing hails from this era. Other housing ages represented in Carlyle include homes built before 1939 ( 24.84%) and housing constructed between 1970-1999 ( 20.91%). There's also some housing in Carlyle built between 2000 and later ( 13.06%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Carlyle, where house values have increased just 39.63%, which is annualized rate of 3.39%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Carlyle appreciation rates have trailed the rest of the nation. In the last twelve months, Carlyle's appreciation rate has been 1.00%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Carlyle were at 1.09%, which equates to an annual appreciation rate of 4.45%.
Relative to Illinois, our data show that Carlyle's latest annual appreciation rate is lower than 90% of the other cities and towns in Illinois.
$194,097
for Illinois
for nation
1,234
$1,586 / per month