Carroll, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Carroll Neighborhoods Since 2000




Carroll, OH Real Estate Data


Carroll Housing Market Information

With 520 people, 173 houses or apartments, and a median cost of homes of $196,207, Carroll real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Carroll, accounting for 85.87% of the village's housing units. Other types of housing that are prevalent in Carroll include duplexes, homes converted to apartments or other small apartment buildings ( 7.61%), large apartment complexes or high rise apartments ( 6.52%).

The most prevalent building size and type in Carroll are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.74% owning and 35.26% renting.

The housing in Carroll was primarily built before 1939 ( 44.57%), making the housing stock in Carroll some of the oldest overall in America, although there is a range of ages of homes in Carroll. The next most important housing age is between 1970-1999 ( 30.43%), followed by between 1940-1969 ( 21.20%). There's also some housing in Carroll built between 2000 and later ( 3.80%).

Carroll Home Appreciation Rates

Real estate appreciation rates in Carroll's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.26% during the period.

Appreciation rates are so strong in Carroll that despite a nationwide downturn in the housing market, Carroll real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Carroll appreciation rates continue to be some of the highest in America, at 6.85%, which is higher than appreciation rates in 83.40% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Carroll. Carroll appreciation rates in the latest quarter were at 2.81%, which equates to an annual appreciation rate of 11.73%.

Importantly, this makes Carroll one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

Relative to Ohio, our data show that Carroll's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$196,207

Carroll, OH HOME PRICES

Value Range
> $1,153,000 1.8
$865,001 - $1,153,000 0.4
$577,001 - $865,000 1.7
$461,001 - $577,000 0.7
$345,001 - $461,000 4.6
$230,001 - $345,000 18.4
$115,001 - $230,000 53.6
$58,001 - $115,000 7.9
$0 - $58,000 10.9

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
34.1102067107806 16.1417322834646

Number Of Homes And Apartments:
173

Rent & Ownership

 

Average Market Rent:
$1,026 / per month

Homeownership Rate

Homeownership
Owners 64.74
Renters 35.26
Vacant 5.98

Housing Market Details

 

Age of Homes

AGE OF Carroll HOMES
2000 or Newer 3.8
1970 - 1999 30.4
1940 - 1969 21.2
1939 or Older 44.6

Types of Homes

TYPE OF Carroll HOMES
Single-Family 85.9
Townhomes 0.0
Small Apt. Buildings 7.6
Apt. Complexes 6.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Carroll HOMES
No Bedroom 0.00
1 Bedroom 10.33
2 Bedrooms 38.59
3 Bedrooms 42.39
4 Bedrooms 7.07
5 or more bedrooms 1.63

Carroll Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
12.49% 0.69% 5 1
* 10 is highest