Weekly Market Report: Real Estate Conditions in Carrollton, TX

Welcome back to the latest real estate update from MTX Realty! In this week’s blog, we take a closer look at the current market trends in Carrollton, Texas, a dynamic and thriving city within the Dallas-Fort Worth metroplex. Known for its vibrant neighborhoods, excellent schools, and easy access to major highways, Carrollton continues to be a highly sought-after location for homebuyers, sellers, and investors.

If you're considering buying or selling in Carrollton, this comprehensive market report will provide you with the key insights you need to make informed decisions. We’ll cover the latest market activity, real estate trends, and the factors that make Carrollton such a desirable destination.

For more detailed listings and up-to-date market insights, check out our Carrollton, TX Market Report here.

Carrollton Real Estate Snapshot

Here’s a quick overview of Carrollton’s real estate activity for the past week:

• Listings Sold: 28

• New Listings: 19

• Open Houses: 5

• Active Listings: 312

• Average Home Price: $451,437

• Population: 144,658

• Average Household Income: $125,348

These numbers reflect the high demand for real estate in Carrollton, with properties moving quickly and the number of new listings consistently rising. Whether you're looking for a family home or a smart investment opportunity, Carrollton's market offers a wide range of options.

Why Carrollton, TX is a Real Estate Hotspot

Carrollton is a thriving city that blends suburban charm with urban convenience. It offers everything homebuyers are looking for: top-rated schools, beautiful parks, a variety of housing options, and close proximity to major business districts. Here are some of the key reasons why Carrollton continues to be a top choice for real estate:

1. Top-Rated Schools and Family-Friendly Atmosphere

Carrollton is served by multiple highly-rated school districts, including the Carrollton-Farmers Branch Independent School District (CFBISD) and Lewisville ISD. The city’s emphasis on quality education makes it a prime location for families. In addition to great schools, Carrollton boasts an abundance of parks and recreational facilities, making it a welcoming community for families of all sizes.

2. Strong Job Market and Economic Growth

The city of Carrollton has a robust local economy, thanks to its strategic location in the Dallas-Fort Worth area. With proximity to major employment hubs, including downtown Dallas and the Dallas/Fort Worth International Airport, Carrollton is an attractive destination for professionals. The area's thriving business environment supports a high average household income, currently at $125,348, which contributes to the demand for homes in the area.

3. Convenient Location

Located just north of Dallas, Carrollton offers residents easy access to major highways, including I-35E and George Bush Turnpike. The city’s location provides quick commutes to major business districts, cultural centers, and entertainment hubs in the DFW metroplex. Whether you’re commuting to work or enjoying the city’s entertainment options, Carrollton’s convenient location is one of its greatest selling points.

4. Diverse Housing Options

Carrollton is home to a wide range of housing styles, from single-family homes in established neighborhoods to modern condos and townhomes in newer developments. The average home price in Carrollton is currently $451,437, which reflects the city’s desirability while offering a range of price points for different buyer needs. Whether you’re looking for a starter home or a larger, luxury property, Carrollton has options for everyone.

5. Vibrant Community and Amenities

Carrollton is more than just a place to live – it’s a place to thrive. The city is known for its active and vibrant community, with many cultural events, restaurants, and shopping opportunities. The city has an expanding dining scene and is home to numerous parks, walking trails, and family-friendly attractions. These community amenities make Carrollton an attractive destination for both buyers and renters.

Current Market Trends in Carrollton, TX

The Carrollton real estate market is competitive, with steady demand across different property types. Here are some key trends we’re seeing in this week’s report:

High Demand with Limited Inventory

With 312 active listings currently on the market, the competition for homes remains high. The number of homes sold this week (28) is a clear indication that homes are selling quickly, often at or above the asking price. Additionally, with just 19 new listings this week, the demand for homes is outpacing supply, which has led to a more competitive market for homebuyers.

Price Stability with Moderate Increases

The average price for homes in Carrollton remains at $451,437, reflecting a stable but growing market. The price point is indicative of a mid- to upper-tier market, which remains attractive to a range of buyers. Home values in Carrollton have been steadily increasing, as the city’s amenities and prime location continue to drive demand. While there are fluctuations in the market, the long-term outlook for property values remains positive.

Strong Open House Activity

This week, there are 5 open houses scheduled, giving buyers the opportunity to explore various properties firsthand. Open houses are a great way for sellers to showcase their homes to a broader audience and for buyers to get a feel for the area and neighborhood before committing to a purchase. For those considering buying in Carrollton, attending these open houses could help them find the perfect home.

Why Carrollton is a Great Place to Buy, Sell, or Invest

For buyers, Carrollton offers a balanced combination of affordability, convenience, and amenities. While home prices may be higher than the national average, they remain reasonable considering the city’s prime location and desirable features. Buyers can find great value in Carrollton’s homes, especially if they’re looking for a suburban setting with easy access to urban conveniences.

For sellers, Carrollton’s competitive market makes it an ideal time to sell. With a steady influx of buyers and limited inventory, sellers can take advantage of strong demand and potentially sell their homes quickly and at favorable prices.

For investors, Carrollton is a market that promises long-term growth. With its proximity to major employers, excellent schools, and appealing neighborhood amenities, Carrollton presents solid opportunities for both rental and resale investments. The city’s consistent demand for housing means that Carrollton remains a desirable place to invest.

MTX Realty: Your Trusted Carrollton Real Estate Partner

Navigating the Carrollton real estate market can be complex, but with MTX Realty by your side, you can confidently make informed decisions. Our experienced team is dedicated to helping you buy, sell, or invest in the Carrollton market with ease.

We understand the local real estate landscape and are committed to providing exceptional service and guidance every step of the way. Whether you’re a first-time homebuyer or an experienced investor, we are here to help you find the perfect property that meets your needs.

For more information, visit our Carrollton, TX Market Report here or check out the City of Carrollton’s website here.

If you're ready to take the next step in Carrollton’s real estate market, contact MTX Realty today! We look forward to helping you achieve your real estate goals.