Carroll, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Carroll Neighborhoods Since 2000




Carroll, IA Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Carroll Housing Market Information

With 9,968 people, 4,325 houses or apartments, and a median cost of homes of $150,375, Carroll real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Carroll, accounting for 72.17% of the city's housing units. Other types of housing that are prevalent in Carroll include large apartment complexes or high rise apartments ( 15.33%), duplexes, homes converted to apartments or other small apartment buildings ( 8.61%), and a few row houses and other attached homes ( 3.67%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Carroll. Owner-occupied housing accounts for 67.34% of Carroll's homes, and 51.25% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Carroll built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Carroll built between 1940-1969 ( 32.44%). A lesser amount of the housing stock also hails from before 1939 ( 18.17%). There's also some housing in Carroll built between 2000 and later ( 12.33%).

Carroll Home Appreciation Rates

In the last 10 years, Carroll has experienced some of the highest home appreciation rates of any community in the nation. Carroll real estate appreciated 23.40% over the last ten years, which is an average annual home appreciation rate of 2.12%, putting Carroll in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Carroll definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Carroll's appreciation rate, at 4.64%, has been at or slightly above the national average. In the latest quarter, Carroll's appreciation rate has been 0.99%, which annualizes to a rate of 4.00%.

Relative to Iowa, our data show that Carroll's latest annual appreciation rate is higher than 70% of the other cities and towns in Iowa.

Average Home Values

 

Median Home Value:
$150,375

Carroll, IA HOME PRICES

Value Range
> $1,127,000 0.0
$845,001 - $1,127,000 0.0
$563,001 - $845,000 1.1
$451,001 - $563,000 0.6
$338,001 - $451,000 6.1
$226,001 - $338,000 8.7
$113,001 - $226,000 48.7
$57,001 - $113,000 29.9
$0 - $57,000 4.9

High for IA
Average for Nation

Value Relative to Nation Value Relative to State
49.8300714871675 31.1111111111111

Number Of Homes And Apartments:
4,325

Carroll Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
38.65% 1.91% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$680 / per month

Homeownership Rate

Homeownership
Owners 67.34
Renters 32.66
Vacant 9.78

Housing Market Details

 

Age of Homes

AGE OF Carroll HOMES
2000 or Newer 12.3
1970 - 1999 37.1
1940 - 1969 32.4
1939 or Older 18.2

Types of Homes

TYPE OF Carroll HOMES
Single-Family 72.2
Townhomes 3.7
Small Apt. Buildings 8.6
Apt. Complexes 15.3
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Carroll HOMES
No Bedroom 2.96
1 Bedroom 7.55
2 Bedrooms 29.31
3 Bedrooms 32.71
4 Bedrooms 18.54
5 or more bedrooms 8.93

Popular Neighborhoods in Carroll

Zip Codes in Carroll, IA