Carrollton, TX 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Carrollton Housing Market Information

With a population of 139,248, 47,913 total housing units (homes and apartments), and a median house value of $265,653, Carrollton real estate is some of the most expensive in Texas, although Carrollton home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Carrollton, accounting for 60.29% of the city's housing units. Other types of housing that are prevalent in Carrollton include large apartment complexes or high rise apartments ( 29.98%), duplexes, homes converted to apartments or other small apartment buildings ( 5.20%), and a few row houses and other attached homes ( 3.95%).

The most prevalent building size and type in Carrollton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.74% owning and 41.26% 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 2000 and later ( 18.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.04%).

Carrollton Home Appreciation Rates

In the last 10 years, Carrollton has experienced some of the highest home appreciation rates of any community in the nation. Carrollton real estate appreciated 72.51% over the last ten years, which is an average annual home appreciation rate of 5.60%, putting Carrollton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Carrollton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 2.99%, 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 1.08%, which equates to an annual appreciation rate of 4.38%.

Relative to Texas, our data show that Carrollton's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Carrollton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Carrollton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Carrollton real estate investment or home purchase decisions.

Average Home Values

 
info

Median Home Value:
$265,653

Carrollton, TX HOME PRICES

> $1,261,000
0.1%
0.1%
$946,001 - $1,261,000
0.5%
0.5%
$631,001 - $946,000
2.7%
2.7%
$505,001 - $631,000
3.8%
3.8%
$378,001 - $505,000
12.8%
12.8%
$252,001 - $378,000
32.1%
32.1%
$126,001 - $252,000
42.0%
42.0%
$63,001 - $126,000
3.4%
3.4%
$0 - $63,000
2.6%
2.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for TX

Value Relative To Nation

Number Of Homes And Apartments:
47,913

Carrollton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
103.51% 3.48%
5
8
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,648 / per month

Homeownership Rate

Owners
58.7%
58.7%
Renters
41.3%
41.3%
Vacant
2.9%
2.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
19.0%
19.0%
1970 - 1999
72.5%
72.5%
1940 - 1969
8.0%
8.0%
1939 or Older
0.5%
0.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
60.3%
60.3%
Townhomes
3.9%
3.9%
Small Apt. Buildings
5.2%
5.2%
Apt. Complexes
30.0%
30.0%
Mobile Homes
0.5%
0.5%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.9%
0.9%
1 Bedroom
15.2%
15.2%
2 Bedrooms
21.4%
21.4%
3 Bedrooms
36.8%
36.8%
4 Bedrooms
21.9%
21.9%
5 or more bedrooms
3.7%
3.7%
0.0% 100.0%
% OF HOMES