Market Overview
Home Prices in Carroll, IA
The median home value in Carroll, IA is $213,489 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carroll are priced48% below average. Carroll is part of the Carroll, IA metro area.
Over the past five years, Carroll home values have risen by approximately33.9%, reflecting strong long-term appreciation in this market.
Price History
Carroll Home Price Trend
City Comparison
Carroll vs. National Median
At $213,489, homes in Carroll cost 48% below the national median of $410,000. This makes Carroll a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carroll?
20% Down Payment
$42,698
on $213,489
Monthly P&I
$1,113/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,414/mo
incl. taxes & insurance
Income Needed
$56,560
gross annual (30% rule)
10% Down Option
$21,349
+ PMI applies
Loan Amount (20% dn)
$170,791
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Carroll, IA?
The median home value in Carroll is $213,489 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Carroll?
Over the past year, home values in Carroll have increased by 8.2%. Over five years, prices have risen approximately 33.9%.
How much do I need to earn to buy a home in Carroll?
To comfortably afford the median home price of $213,489 with a 20% down payment ($42,698) at today's rates (6.8%), you'd need a gross annual income of approximately $56,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Carroll compare to the national average home price?
The national median home value is approximately $410,000. At $213,489, homes in Carroll are 48% below the national average.
What metro area is Carroll part of?
Carroll is part of the Carroll, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.