Carrollton’s real estate market has experienced notable shifts, presenting both challenges and opportunities for residents and investors.
Current Market Trends
As of mid-2026, the median home value in Carrollton is approximately $409,845, reflecting a 3.2% decrease over the past year. Homes typically go pending in around 16 days, indicating a brisk market pace. The median sale price stands at $414,531, with a median list price of $425,717. Notably, 25.3% of sales have closed above the list price, underscoring competitive buyer interest.
Rental Market Insights
For renters, the average monthly rent in Carrollton is $1,984. A two-bedroom apartment averages $1,656 per month, while a three-bedroom home rents for approximately $2,317 monthly. These figures position Carrollton’s rental market as relatively affordable compared to national averages.
New Developments
The city is witnessing significant development projects aimed at enhancing residential and commercial spaces. A notable example is the Trinity Mills Station transit-oriented development (TOD). The first phase, EVIVA Trinity Mills Station apartments and Esplanade Park, opened in December 2025. This project repurposed a 25-acre site into a mixed-use development featuring residential units, retail spaces, and a three-acre park, with future phases set to introduce additional entertainment, retail, and housing options.
Looking Ahead
While the market has seen a slight dip in home values, the ongoing developments and sustained buyer interest suggest a dynamic future for Carrollton’s real estate landscape. Prospective buyers and renters are encouraged to stay informed about market trends and upcoming projects to make well-informed decisions.