Carroll, OH—43112
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carroll, OH
As of Oct '25, the median home price in Carroll, OH is $419,000, with a year-over-year change of 1.0%. This indicates that home prices in Carroll, OH are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $419,000 | 1.0% |
| Single Family | $419,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $265,000 | 2.7% |
3 Bed | $390,000 | 1.6% |
4 Bed | $517,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carroll, OH
As of July '25, Rentcast reports the average rent in Carroll, OH is $1,110, with a year-over-year rent change of -11.2%. Per bedroom, the median rent as of July '25 in Carroll, OH is 1-bedrooms: $975, 2-bedrooms: $1,250. The most common rental property sizes in Carroll, OH are 2-bedroom and 3-bedroom, accounting for 57.1% and 18.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,110 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $975 |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Carroll, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Carroll, OH is 20. This is a decrease of -53.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $496,000 | 33.0% |
Listing Count | 12 | -14.0% |
| Listings as % of Homes | 0.2% | -14.0% |
Days on Market | 20 | -53.0% |
Demographics — Carroll, OH
As of the latest ACS Survey released in 2023, Carroll, OH has a population of 4,960, which has remained stable by 0.3% over the past 5 years. Carroll, OH is a moderately popular place for families, as children make up 24.9% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,960 | 0.3% |
% Under 18 | 24.9% | 19.7% |
% Seniors | 20.1% | -8.6% |
% WFH | 6.7% | -10.7% |
% w/ College Degree | 29.7% | -1.7% |
As of the latest ACS Survey released in 2023, Carroll, OH is a predominantly white area, with 99.1% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Carroll, OH is black, making up 0.6% of the population. Foreign-born residents account for 0.3% of the population in Carroll, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.1% | 1.5% |
% Black | 0.6% | 200.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | 0.0% |
Mortgage and Risk — Carroll, OH
According to HUD data as of 2023, there were 249 mortgage originations in Carroll, OH, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Carroll, OH. Investor activity is low, as 0.0% 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 | 249 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Carroll, OH
Carroll, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $145 | $975 | $1,120 |
| 2 Bedroom | $100 | $1,250 | $1,350 |
| 3 Bedroom | N/A | N/A | $1,630 |
| 4 Bedroom | N/A | N/A | $1,810 |
Affordability — Carroll, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $419,000 |
| Median Household Income | $98,400 |