Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$486,857+0.8% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$105,540About 0.9× the local median income ($114,927): affordable for a typical household
Days on market42 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.6%Zillow expects prices to rise slightly
The typical home in Carroll County, MD is worth $486,857, up 0.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $474,648, so the area is 2.6% overvalued. It is a balanced market: homes take about 42 days to sell, listings are up 10% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 0.6% over the next year. A household needs about $105,540 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $114,927. Typical rent is $1,840 a month, or $2,379 for a house. In the latest IRS figures, 507 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$486,857
Change in 1 year
+0.8%
Overvalued %
+2.6%
Show 7 more
Fair home value
$474,648
Change in 5 years
+17.1%
Zillow forecast, next 12 months
+0.6%
Home value to income
4.2×
Monthly mortgage payment (20% down)
$2,639
Income needed to afford it
$105,540
Property tax rate
0.91%
Rent and investing
Typical rent
$1,840
Typical rent for houses
$2,379
Price-to-rent ratio
22.0×
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HUD Fair Market Rent, 2 bedrooms
$2,006
Gross rental yield
4.54%
Cap rate (estimate)
2.95%
Market activity
Listings vs a year ago
+10.0%
Days on market
42
Listings with a price cut
24.4%
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Homes for sale
363
Pending sales per 100 listings
52
Asking price per sq ft
$225
People and jobs
Median household income
$114,927
Population change (1 year)
−0.1%
Unemployment rate
3.5%
Show 4 more
Population
176,677
Income adjusted for cost of living
$109,978
Net moves in (IRS)
+507
Cost of living (US = 100)
104.5
Schools, risk and environment
School rating (1 to 10)
8.2
FEMA hazard risk score (0 to 100)
59.5
Unhealthy air days a year
0
Show 4 more
Flood risk score
66.7
Wildfire risk score
14.0
Walkability (1 to 20)
6.6
Road, rail and air noise
54 dB
Questions people ask
Is Carroll County, MD overvalued?
Home prices in Carroll County, MD are slightly above what local incomes have historically supported: fair value is about $474,648, so the area is 2.6% overvalued.
Is Carroll County, MD a buyer's or seller's market?
Carroll County, MD is a balanced market: homes take about 42 days to sell, listings are up 10% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Carroll County, MD?
Home values in Carroll County, MD are up 0.8% over the last year. Zillow's forecast for the next 12 months is +0.6%.
How much do you need to earn to buy a home in Carroll County, MD?
A household needs about $105,540 a year to afford the typical home in Carroll County, MD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $114,927.