Carrollton Home Prices: $421K, Down 4.1% — 3 ZIPs Analyzed (2026)

Prices dropped for the 12th straight month in Carrollton. The typical home here now costs $420,905 — down 4.1% from a year ago. That’s a loss of roughly $18,000 in value over twelve months.

Quick answer: The average home price in Carrollton, TX is $420,905 as of February 2026, down 4.1% year over year according to Zillow.

Current Home Prices in Carrollton

A year ago, the typical Carrollton home was worth about $439K. Today it’s $421K. That $18K drop may not sound dramatic, but for homeowners who bought at the peak, it means sitting on negative equity if they put less than 5% down.

The decline has been steady, not sudden. Prices fell roughly $1,500 per month over the past year. No single month saw a sharp correction — this is a slow bleed.

Carrollton sits in the Dallas-Fort Worth-Arlington metro, where the broader market has cooled after years of rapid appreciation. The city’s $421K median puts it above the typical Texas price point but below the most expensive DFW suburbs.

For buyers, the math is straightforward. You’re paying about $100K less for a home in the 75006 ZIP than in 75010. That spread matters when mortgage rates are still elevated.

Carrollton Home Prices by Neighborhood

The gap between the priciest and cheapest ZIP is $178,558 — a 52% difference within the same city.

Most Expensive

75010 leads at $522,414, sitting 24% above the city median with relatively moderate rents of $1,633/month.

Most Affordable

75006 is the budget option at $343,856, about 18% below the city average, and it also has the lowest rent at $1,416/month.

75007 falls in the middle at $396,446 but has the highest rent of the three ZIPs at $1,746/month. That disconnect between home price and rent makes it an interesting area for investors — the rent-to-price ratio is more favorable here than in 75010.

Rent vs Buy in Carrollton

The average rent across Carrollton’s three tracked ZIPs is roughly $1,598/month.

A price-to-rent ratio above 20 generally favors renting. Two of three Carrollton ZIPs hit that mark.

On a $421K home with 20% down ($84K), you’d finance about $337K. At a 6.5% rate, that’s roughly $2,130/month in principal and interest alone. Add property taxes — Texas has no state income tax but property taxes run around 2% — and insurance, and you’re looking at $3,000+ per month.

Renting at $1,598 saves you over $1,400/month. With prices still falling, there’s no urgency penalty for waiting. You’re not losing ground to appreciation right now.

The one exception: ZIP 75007, where the price-to-rent ratio of 18.9 is closer to the buy-friendly zone.

Population Growth and Migration

Carrollton had 135,456 residents in 2024.

Growth has been modest — 1.4% over four years. The city barely grew in 2021, added residents in 2022, dipped slightly in 2023, then bounced back in 2024.

Compare that to other Texas cities:

Carrollton is growing at less than half the rate of Austin, and a fraction of Fort Worth’s pace. As a mature suburb in the DFW metro, it doesn’t have the empty land that drives rapid growth. The population is stable, not booming.

For housing, slow growth means less demand pressure. It’s one reason prices are cooling here while faster-growing Texas cities have held value better.

Carrollton Housing Market Trends

Twelve consecutive months of decline. Not one positive month in the data.

The pace has slowed, though. The biggest drops came in May through July 2025, when the city was losing $3,000+ per month. By fall, the decline eased to a few hundred dollars. In the most recent months, losses have been under $800.

That deceleration matters. The market isn’t in freefall — it’s grinding lower. From $439K to $421K in a year is a correction, not a crash.

Is Carrollton a Good Place to Buy in 2026?

The numbers point to a buyer’s market. Prices down 4.1%, rents still affordable, and no population surge driving competition.

If you’re buying to live in for 5+ years, the current price gives you a discount that wasn’t available in 2024. A year ago, this same house cost $18K more. The risk is that prices haven’t finished falling — the trend is still negative.

If you’re an investor, ZIP 75007 has the best rent-to-price ratio at 18.9. But with all-in ownership costs well above rental rates, cash flow will be tight.

The strongest argument for buying now: the rate of decline is slowing. Monthly losses shrank from $3,200 in June to under $800 in February. If that deceleration continues, the bottom may be only a few months away.

The strongest argument for waiting: there’s no sign prices have turned positive yet.

Carrollton Housing Market Outlook for 2026-2027

The 3-month trend suggests prices are approaching a floor. Monthly declines compressed from $1,157 in September to $770 in February. If that pace continues, Carrollton could see flat-to-slightly-negative values by mid-2026.

A full price recovery to the $439K level seen in early 2025 looks unlikely in the near term. The slow population growth and elevated interest rates don’t support rapid rebounds.

If the current deceleration holds, expect prices to settle somewhere in the $415K-$420K range over the next 3-6 months. A return to positive year-over-year numbers would require either a meaningful drop in mortgage rates or a pickup in buyer demand — neither of which is visible in the current data.

Similar Markets in TX

If you’re shopping in the DFW metro or broader Texas market, these cities offer different price points:

• Dallas — The core city, typically higher prices than suburban Carrollton
• Grand Prairie — A neighboring DFW suburb that may offer lower entry points
• Houston — Texas’s largest city with a wider price range across its many ZIPs
• San Antonio — Significantly cheaper than DFW for buyers willing to relocate
• Katy — A Houston-area suburb popular with families, worth comparing to Carrollton

Frequently Asked Questions

What is the average home price in Carrollton?

The median home value in Carrollton is $420,905 as of February 2026. Prices vary significantly by ZIP code, from $343,856 in 75006 to $522,414 in 75010. The city-wide number represents the midpoint of these neighborhoods.

Are home prices going up or down in Carrollton?

Prices are falling. Carrollton has posted 12 consecutive months of decline, with the median dropping 4.1% year over year. The total loss since March 2025 is about $17,800. However, the rate of decline is slowing — recent monthly drops are under $800, compared to $3,000+ in mid-2025.

Is it cheaper to rent or buy in Carrollton?

Renting is cheaper. The average monthly rent is about $1,598, while owning a median-priced home costs roughly $3,000/month including mortgage, taxes, and insurance. That’s nearly double the rent. With prices still declining, renting also avoids the risk of further depreciation.

What is the most affordable neighborhood in Carrollton?

ZIP code 75006 is the most affordable at $343,856 — about $77,000 below the city median. It also has the lowest average rent at $1,416/month. This area sits 18% below the city average, making it the clear entry point for budget-conscious buyers.

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.