Carrollton, OH Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Carrollton, OH Housing Market Trends

With a population of 3,026, 1,238 total housing units (homes and apartments), and a median house value of $133,598, house prices in Carrollton are solidly below the national average.

Single-family detached homes are the single most common housing type in Carrollton, accounting for 75.12% of the village's housing units. Other types of housing that are prevalent in Carrollton include duplexes, homes converted to apartments or other small apartment buildings ( 19.51%), large apartment complexes or high rise apartments ( 4.04%).

The most prevalent building size and type in Carrollton are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 61.22% owning and 38.78% renting.

There is a lot of housing in Carrollton 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 Carrollton built between 1940-1969 ( 34.29%). A lesser amount of the housing stock also hails from before 1939 ( 24.18%). There's also some housing in Carrollton built between 2000 and later ( 7.11%).

Vacant housing appears to be an issue in Carrollton. Fully 13.73% of the housing stock is classified as vacant. Left unchecked, vacant Carrollton homes and apartments can be a drag on the real estate market, holding Carrollton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Carrollton Home Appreciation Rates

Carrollton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Carrollton during the period has been just 2.19%, which is lower than 80% of US communities.

Over the last year, Carrollton appreciation rates have trailed the rest of the nation. In the last twelve months, Carrollton's appreciation rate has been 6.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Carrollton were at 1.84%, which equates to an annual appreciation rate of 7.58%.

Notably, Carrollton's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$133,598

Carrollton, OH HOME PRICES

> $1,110,000
2.5%
2.5%
$833,001 - $1,110,000
0.0%
0.0%
$555,001 - $833,000
1.1%
1.1%
$444,001 - $555,000
0.0%
0.0%
$333,001 - $444,000
5.8%
5.8%
$222,001 - $333,000
10.3%
10.3%
$111,001 - $222,000
42.9%
42.9%
$55,001 - $111,000
32.5%
32.5%
$0 - $55,000
4.9%
4.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Low for OH

Value Relative To Nation

Number Of Homes And Apartments:
1,238

Carrollton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
29.08% 1.19%
2
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$837 / per month

Homeownership Rate

Owners
61.2%
61.2%
Renters
38.8%
38.8%
Vacant
13.7%
13.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.1%
7.1%
1970 - 1999
34.4%
34.4%
1940 - 1969
34.3%
34.3%
1939 or Older
24.2%
24.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
75.1%
75.1%
Townhomes
0.8%
0.8%
Small Apt. Buildings
19.5%
19.5%
Apt. Complexes
4.0%
4.0%
Mobile Homes
0.5%
0.5%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
12.9%
12.9%
2 Bedrooms
17.5%
17.5%
3 Bedrooms
53.0%
53.0%
4 Bedrooms
13.2%
13.2%
5 or more bedrooms
3.4%
3.4%
0.0% 100.0%
% OF HOMES