Carrollton, GA30116

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$283,000
2.0% YoY Growth
Median Household Income
$74,200
35.4% 5-Year Growth
Days on Market
82
40.0% Longer than last year
Home Price Forecast
0.9%
Median Rent
$1,620
8.0% YoY Growth
1-Bed Rent
$1,200
4.0% YoY Growth
2-Bed Rent
$1,350
10.0% YoY Growth
3-Bed Rent
$1,660
5.2% YoY Growth

Other Zip Codes in Carrollton, GA

Property Listings — Carrollton, GA

As of Oct '25, Realtor.com reports that the median days on market for a home in Carrollton, GA is 82. This is a increase of 40.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$354,000-14.0%
Listing Count
14027.0%
Listings as % of Homes0.9%27.0%
Days on Market
8240.0%
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Demographics — Carrollton, GA

As of the latest ACS Survey released in 2023, Carrollton, GA has a population of 22,700, which has decreased by -6.2% over the past 5 years. Carrollton, GA is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
22,700-6.2%
% Under 18
22.4%-5.5%
% Seniors
14.6%13.2%
% WFH
9.2%283.3%
% w/ College Degree
22.4%4.7%
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As of the latest ACS Survey released in 2023, Carrollton, GA is a predominantly white area, with 68.1% of the population identifying as white. The white population has shrunk by 13.9% in the last 5 years. The second most common race or ethnicity in Carrollton, GA is black, making up 15.8% of the population. Foreign-born residents account for 7.3% of the population in Carrollton, GA, and this percentage has increased by 58.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
68.1%-13.9%
% Black
15.8%33.9%
% Hispanic
10.9%84.7%
% Asian
0.5%150.0%
% Foreign Born
7.3%58.7%
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Mortgage and Risk — Carrollton, GA

According to HUD data as of 2023, there were 354 mortgage originations in Carrollton, GA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Carrollton, GA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
354
% Conventional Loans
61.0%
% Government Loans
39.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Carrollton, GA

As of 2024, the percent of homes in Carrollton, GA under the Section 8 program is 2.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Carrollton, GA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
47
Total Units Section 8
47
% Rentals under Section 8
2.5%
% Occupied Section 8
71.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$20$1,200$1,220
2 Bedroom$0$1,350$1,350
3 Bedroom-$30$1,660$1,630
4 Bedroom$60$1,900$1,960

Affordability — Carrollton, GA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.7
Median Home Price$283,000
Median Household Income$74,200

Carrollton, GA — ZIP Code Boundary Map

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Frequently Asked Questions