Carrollton, GA—30117
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Carrollton, GA
Home Price Trends — Carrollton, GA
As of Oct '25, the median home price in Carrollton, GA is $279,000, with a year-over-year change of -1.2%. This indicates that home prices in Carrollton, GA are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $279,000 | -1.2% |
| Single Family | $280,000 | -1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $183,000 | -2.1% |
2 Bed | $197,000 | -1.5% |
3 Bed | $265,000 | -1.1% |
4 Bed | $379,000 | 0.0% |
| 5 Bed | $479,000 | 1.3% |
% of Housing Stock
Rental Trends — Carrollton, GA
As of July '25, Rentcast reports the average rent in Carrollton, GA is $1,470, with a year-over-year rent change of -3.3%. Per bedroom, the median rent as of July '25 in Carrollton, GA is studios: $1,310, 1-bedrooms: $1,120, 2-bedrooms: $1,320, 3-bedrooms: $1,850, 4-bedrooms: $1,710. The most common rental property sizes in Carrollton, GA are 2-bedroom and 3-bedroom, accounting for 44.8% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $1,470 |
| Studio Rent | $995 | $1,310 |
| 1 Bed Rent | $1,200 | $1,120 |
| 2 Bed Rent | $1,350 | $1,320 |
| 3 Bed Rent | $1,700 | $1,850 |
| 4 Bed Rent | $2,000 | $1,710 |
% of Rental Stock
Property Listings — Carrollton, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Carrollton, GA is 66. This is a increase of 24.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $347,000 | 2.0% |
Listing Count | 166 | 2.0% |
| Listings as % of Homes | 0.9% | 2.0% |
Days on Market | 66 | 24.0% |
Demographics — Carrollton, GA
As of the latest ACS Survey released in 2023, Carrollton, GA has a population of 38,900, which has increased by 9.3% over the past 5 years. Carrollton, GA is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,900 | 9.3% |
% Under 18 | 22.5% | -7.0% |
% Seniors | 13.6% | 7.1% |
% WFH | 7.5% | 240.9% |
% w/ College Degree | 28.8% | 15.7% |
As of the latest ACS Survey released in 2023, Carrollton, GA is a predominantly white area, with 62.8% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Carrollton, GA is black, making up 23.6% of the population. Foreign-born residents account for 7.3% of the population in Carrollton, GA, and this percentage has increased by 40.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.8% | 1.0% |
% Black | 23.6% | 4.0% |
% Hispanic | 9.2% | -17.9% |
% Asian | 1.2% | 33.3% |
% Foreign Born | 7.3% | 40.4% |
Mortgage and Risk — Carrollton, GA
According to HUD data as of 2023, there were 539 mortgage originations in Carrollton, GA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Carrollton, GA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 539 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Carrollton, GA
As of 2024, the percent of homes in Carrollton, GA under the Section 8 program is 11.5%. 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. In Carrollton, GA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 750 |
Total Units Section 8 | 750 |
% Rentals under Section 8 | 11.5% |
% Occupied Section 8 | 82.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,200 | $1,160 |
| 2 Bedroom | -$70 | $1,350 | $1,280 |
| 3 Bedroom | -$160 | $1,700 | $1,540 |
| 4 Bedroom | -$140 | $2,000 | $1,860 |
Affordability — Carrollton, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $279,000 |
| Median Household Income | $58,500 |