Carrollton, TX—75006
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carrollton, TX
As of Oct '25, the median home price in Carrollton, TX is $341,000, with a year-over-year change of -5.9%. This indicates that home prices in Carrollton, TX are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | -5.9% |
| Single Family | $351,000 | -5.6% |
| Condos | $193,000 | -7.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $153,000 | -4.4% |
2 Bed | $253,000 | -7.3% |
3 Bed | $335,000 | -5.9% |
4 Bed | $447,000 | -4.3% |
| 5 Bed | $531,000 | -2.9% |
% of Housing Stock
Rental Trends — Carrollton, TX
As of July '25, Rentcast reports the average rent in Carrollton, TX is $1,840, with a year-over-year rent change of 1.1%. Per bedroom, the median rent as of July '25 in Carrollton, TX is studios: $1,320, 1-bedrooms: $1,400, 2-bedrooms: $1,810, 3-bedrooms: $2,510, 4-bedrooms: $2,950. The most common rental property sizes in Carrollton, TX are 1-bedroom and 2-bedroom, accounting for 42.5% and 38.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,840 |
| Studio Rent | $1,310 | $1,320 |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $1,800 | $1,810 |
| 3 Bed Rent | $2,430 | $2,510 |
| 4 Bed Rent | $2,900 | $2,950 |
% of Rental Stock
Property Listings — Carrollton, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Carrollton, TX is 61. This is a increase of 21.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $384,000 | 1.0% |
Listing Count | 168 | 40.0% |
| Listings as % of Homes | 0.3% | 40.0% |
Days on Market | 61 | 21.0% |
Demographics — Carrollton, TX
As of the latest ACS Survey released in 2023, Carrollton, TX has a population of 47,600, which has decreased by -6.8% over the past 5 years. Carrollton, TX is a moderately popular place for families, as children make up 21.6% of the population. The area has a moderately educated workforce, with 32.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,600 | -6.8% |
% Under 18 | 21.6% | -16.0% |
% Seniors | 13.5% | 18.4% |
% WFH | 14.3% | 204.3% |
% w/ College Degree | 32.7% | 8.6% |
As of the latest ACS Survey released in 2023, Carrollton, TX is a predominantly hispanic area, with 47.5% of the population identifying as hispanic. The hispanic population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Carrollton, TX is white, making up 32.2% of the population. Foreign-born residents account for 30.1% of the population in Carrollton, TX, and this percentage has decreased by 2.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.2% | -5.3% |
% Black | 9.4% | 9.3% |
% Hispanic | 47.5% | -2.9% |
% Asian | 8.3% | 12.2% |
% Foreign Born | 30.1% | -2.0% |
Mortgage and Risk — Carrollton, TX
According to HUD data as of 2023, there were 200 mortgage originations in Carrollton, TX, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Carrollton, TX. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 200 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Carrollton, TX
As of 2024, the percent of homes in Carrollton, TX under the Section 8 program is 0.8%. 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, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 78 |
Total Units Section 8 | 78 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | 73.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,400 | $1,660 |
| 2 Bedroom | $150 | $1,800 | $1,950 |
| 3 Bedroom | $10 | $2,430 | $2,440 |
| 4 Bedroom | $240 | $2,900 | $3,140 |
Affordability — Carrollton, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $341,000 |
| Median Household Income | $79,500 |