Carroll County, Iowa Housing Market Prices
Carroll County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 9% above the Iowa median$167,460
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Median rent 25% below the Iowa median Cheaper than 85% of counties in Iowa$730
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Carroll County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $167,460 | $153,425 | $248,835 |
| Price Trend (Annual %) | 14.5% | 7.5% | 7.5% |
| Median Gross Rent | $730 | $971 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Carroll County is about 9% higher than in Iowa. Rent is about 25% lower than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Carroll County, up about 14.5% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Carroll County rose about 34.8% between 2015 and 2024, from $541 to $730. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Carroll County.
Buying the median-priced home in Carroll County costs roughly 19.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Carroll County. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Carroll County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $167,460 | $153,425 | $248,835 |
| Median Household Income | $71,378 | $75,133 | $80,455 |
| Price-to-Income Ratio | 2.3 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Carroll County rose about 32.2%, while median household income rose about 44.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Carroll County | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.0% | 65.6% | 58.5% |
| Rental Rate | 21.1% | 25.9% | 31.2% |
| Vacancy Rate | 7.9% | 8.5% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Carroll County has a homeownership rate of 71.0%, higher than the Iowa average of 65.6%. Its housing vacancy rate is 7.9%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Carroll County | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1959 | 1971 | 1978 |
| Median Number of Rooms | 6.6 | 5.9 | 5.5 |
The typical housing unit in Carroll County was built around 1959. On average, 2.3 people live in a home with about 6.6 rooms, staying for about 18.0 years on average.
Carroll County, IA Housing Compared With Nearby Counties
How Carroll County, IA compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Carroll County, IA | 20,594 | $167,460 #1/2 | $730 #1/2 | 77.1% #2/2 |
| Calhoun County, IA | 9,803 | $98,888 | $723 | 80.5% |
Frequently Asked Questions
Common questions about the housing market in Carroll County, Iowa.
What is the median home price in Carroll County, Iowa?
The median home price in Carroll County, Iowa is $167,460, higher than the Iowa average of $153,425.
What is the average home price in Carroll County, Iowa?
The typical home price in Carroll County, Iowa, reported as the median sale price, is $167,460. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Carroll County, Iowa?
The median gross rent in Carroll County, Iowa is $730 per month, lower than the Iowa average of $971.
What was the median gross rent in Carroll County in 2020?
In 2020, the median gross rent in Carroll County, Iowa was $610 per month.
What is the price-to-rent ratio in Carroll County, Iowa?
The price-to-rent ratio in Carroll County, Iowa is about 19.1, meaning it would take roughly 19.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Carroll County.
Are home prices or rent rising faster in Carroll County, Iowa?
Both home prices and rent are rising in Carroll County, up about 14.5% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Carroll County, Iowa?
71.0% of households in Carroll County, Iowa own their home, higher than the Iowa average of 65.6%.
What is the vacancy rate in Carroll County, Iowa?
The housing vacancy rate in Carroll County, Iowa is 7.9%, lower than the Iowa average of 8.5%.
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