Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$185,932+6.2% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$40,306About 0.7× the local median income ($56,924): affordable for a typical household
Days on market81 daysSlower than a year ago: buyers have time to negotiate
The typical home in Carroll County, VA is worth $185,932, up 6.2% from a year ago. That is well below what local incomes have historically supported: fair value is about $207,362, so the area is 10.3% undervalued. It is a balanced market: homes take about 81 days to sell, listings are up 11% from a year ago, 15% of listings have had a price cut. A household needs about $40,306 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 $56,924. In the latest IRS figures, 437 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
$185,932
Change in 1 year
+6.2%
Overvalued %
−10.3%
Show 6 more
Fair home value
$207,362
Change in 5 years
+10.9%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$1,008
Income needed to afford it
$40,306
Property tax rate
0.53%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$943
Market activity
Listings vs a year ago
+10.7%
Days on market
81
Listings with a price cut
14.7%
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Homes for sale
135
Pending sales per 100 listings
25
Asking price per sq ft
$188
People and jobs
Median household income
$56,924
Population change (1 year)
+0.3%
Unemployment rate
5.5%
Show 4 more
Population
29,299
Income adjusted for cost of living
$64,394
Net moves in (IRS)
+437
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
5.9
FEMA hazard risk score (0 to 100)
45.1
Flood risk score
42.7
Show 3 more
Wildfire risk score
55.9
Walkability (1 to 20)
4.8
Road, rail and air noise
55 dB
Questions people ask
Is Carroll County, VA overvalued?
Home prices in Carroll County, VA are well below what local incomes have historically supported: fair value is about $207,362, so the area is 10.3% undervalued.
Is Carroll County, VA a buyer's or seller's market?
Carroll County, VA is a balanced market: homes take about 81 days to sell, listings are up 11% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Carroll County, VA?
Home values in Carroll County, VA are up 6.2% over the last year.
How much do you need to earn to buy a home in Carroll County, VA?
A household needs about $40,306 a year to afford the typical home in Carroll County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,924.