Carlton, OR 97111 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Carlton, OR—97111

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$550,000

0.7% YoY Growth

Household Income

$95,100

52.0% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

-1.8%

Median Rent

$1,700

3.6% YoY Growth

1-Bed Rent

$1,680

68.0% YoY Growth

2-Bed Rent

$1,600

N/A

3-Bed Rent

$2,500

6.0% YoY Growth

Home Price Trends — Carlton, OR

As of May '26, the median home price in Carlton, OR is $550,000, with a year-over-year change of -0.7%. This indicates that home prices in Carlton, OR are flat. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$550,000	-0.7%
Single Family	$550,000	-0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Carlton, OR

As of July '25, Rentcast reports the average rent in Carlton, OR is $2,170, with a year-over-year rent change of -3.6%. Per bedroom, the median rent as of July '25 in Carlton, OR is 1-bedrooms: $1,680, 2-bedrooms: $1,650, 3-bedrooms: $2,650, 4-bedrooms: $2,750. The most common rental property sizes in Carlton, OR are 3-bedroom and 2-bedroom, accounting for 77.6% and 11.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,700	$2,170
Studio Rent	N/A	N/A
1 Bed Rent	$1,680	$1,680
2 Bed Rent	$1,600	$1,650
3 Bed Rent	$2,500	$2,650
4 Bed Rent	$2,750	$2,750

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% of Rental Stock

1 Bedroom

4.7%

2 Bedrooms

11.4%

3 Bedrooms

77.6%

4 Bedrooms

6.4%

Property Listings — Carlton, OR

As of May '26, Realtor.com reports that the median days on market for a home in Carlton, OR is 65. This is a decrease of -13.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$592,000	-3.0%
Listing Count	34	44.0%
Listings as % of Homes	1.8%	44.0%
Days on Market	65	-13.0%

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Demographics — Carlton, OR

As of the latest ACS Survey released in 2023, Carlton, OR has a population of 4,280, which has increased by 20.9% over the past 5 years. Carlton, OR is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 23.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,280	20.9%
% Under 18	19.4%	-14.5%
% Seniors	18.9%	14.5%
% WFH	12.9%	10.3%
% w/ College Degree	23.0%	-1.7%

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As of the latest ACS Survey released in 2023, Carlton, OR is a predominantly white area, with 77.0% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Carlton, OR is hispanic, making up 12.4% of the population. Foreign-born residents account for 6.7% of the population in Carlton, OR, and this percentage has increased by 13.6% 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	77.0%	-10.4%
% Black	0.3%	0.0%
% Hispanic	12.4%	57.0%
% Asian	0.8%	-50.0%
% Foreign Born	6.7%	13.6%

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Mortgage and Risk — Carlton, OR

Carlton, OR lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Carlton, OR

As of 2024, the percent of homes in Carlton, OR under the Section 8 program is 5.2%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Carlton, OR, because HUD payments exceed market rent, while 1-bedroom units do not.

Section 8 Market Size

Total Units under HUD	16
Total Units Section 8	16
% Rentals under Section 8	5.2%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$20	$1,680	$1,660
2 Bedroom	$300	$1,600	$1,900
3 Bedroom	$110	$2,500	$2,610
4 Bedroom	$310	$2,750	$3,060

Carlton, OR—97111

Key Metrics at a Glance

Home Price Trends — Carlton, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carlton, OR

% of Rental Stock

Property Listings — Carlton, OR

Demographics — Carlton, OR

Race and Ethnicity

Mortgage and Risk — Carlton, OR

Mortgages

Rentals and Section 8 — Carlton, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Carlton, OR

Home Price to Income Ratio

Carlton, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Yamhill, OR

Lafayette, OR

McMinnville, OR

Dayton, OR

Dundee, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.6
Median Home Price	$550,000
Median Household Income	$95,100

Carlton, OR—97111

Key Metrics at a Glance

Home Price Trends — Carlton, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carlton, OR

% of Rental Stock

Property Listings — Carlton, OR

Demographics — Carlton, OR

Race and Ethnicity

Mortgage and Risk — Carlton, OR

Mortgages

Rentals and Section 8 — Carlton, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Carlton, OR

Home Price to Income Ratio

Carlton, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Yamhill, OR

Lafayette, OR

McMinnville, OR

Dayton, OR

Dundee, OR

Frequently Asked Questions

What is the average home price in Carlton, OR 97111?

How have home prices in Carlton, OR 97111 changed over the past year?

What is the home price projection for Carlton, OR 97111?

What are the demographics of Carlton, OR 97111?

How long does it take homes to sell in Carlton, OR 97111?

What is the average rent price in Carlton, OR 97111?