Carrollton, TX—75007
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 $394,000, with a year-over-year change of -4.8%. This indicates that home prices in Carrollton, TX are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $394,000 | -4.8% |
| Single Family | $397,000 | -5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $317,000 | -2.5% |
3 Bed | $367,000 | -5.2% |
4 Bed | $486,000 | -4.7% |
| 5 Bed | $668,000 | -3.3% |
% of Housing Stock
Rental Trends — Carrollton, TX
As of July '25, Rentcast reports the average rent in Carrollton, TX is $2,200, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Carrollton, TX is 1-bedrooms: $1,370, 2-bedrooms: $1,850, 3-bedrooms: $2,480, 4-bedrooms: $3,580. The most common rental property sizes in Carrollton, TX are 2-bedroom and 1-bedroom, accounting for 33.4% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,080 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,340 | $1,370 |
| 2 Bed Rent | $1,870 | $1,850 |
| 3 Bed Rent | $2,400 | $2,480 |
| 4 Bed Rent | $3,200 | $3,580 |
% 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 58. This is a increase of 51.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $410,000 | -5.0% |
Listing Count | 181 | 36.0% |
| Listings as % of Homes | 0.4% | 36.0% |
Days on Market | 58 | 51.0% |
Demographics — Carrollton, TX
As of the latest ACS Survey released in 2023, Carrollton, TX has a population of 55,000, which has remained stable by 0.6% over the past 5 years. Carrollton, TX is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 43.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 55,000 | 0.6% |
% Under 18 | 18.9% | -12.9% |
% Seniors | 13.5% | 12.5% |
% WFH | 20.5% | 259.6% |
% w/ College Degree | 43.4% | 5.1% |
As of the latest ACS Survey released in 2023, Carrollton, TX is a predominantly white area, with 43.7% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Carrollton, TX is hispanic, making up 28.8% of the population. Foreign-born residents account for 23.7% of the population in Carrollton, TX, and this percentage has decreased by 4.4% 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 | 43.7% | -4.0% |
% Black | 7.2% | -20.9% |
% Hispanic | 28.8% | 3.6% |
% Asian | 16.3% | 3.8% |
% Foreign Born | 23.7% | -4.4% |
Mortgage and Risk — Carrollton, TX
According to HUD data as of 2023, there were 374 mortgage originations in Carrollton, TX, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Carrollton, TX. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 374 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Carrollton, TX
As of 2024, the percent of homes in Carrollton, TX under the Section 8 program is 5.5%. 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 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Carrollton, TX, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 311 |
Total Units Section 8 | 308 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,340 | $1,650 |
| 2 Bedroom | $70 | $1,870 | $1,940 |
| 3 Bedroom | $30 | $2,400 | $2,430 |
| 4 Bedroom | -$80 | $3,200 | $3,120 |
Affordability — Carrollton, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $394,000 |
| Median Household Income | $110,000 |