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Carrollton, VA

Full City Profile · Virginia · Isle of Wight County County

3.6 /5.0
B+ Good
7,903 Population 1,208/sq mi density
$113,813 Median Income $53,288 per capita
$381,900 Home Value $409,042 Zillow
$1,793 Median Rent 30.1% income on rent
59°F Avg Temperature 299 sunny days/yr
182 Violent Crime/100K 1,685 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$113,813 median income, 6.9% unemployment
A+
Affordability
4.8 / 5.0
$381,900 home value, $1,793/mo rent
F
Safety
1.0 / 5.0
182 violent crimes/100K
A
Education
4.4 / 5.0
42.4% bachelor's degree or higher

Housing Overview

Median Home Value
$381,900
35% above
US avg: $281,900
Median Rent
$1,793/mo
54% above
US avg: $1,163/mo
Homeownership Rate
70.1%
7% above US avg (65.4%)
Total Housing Units
2,923
Median year built: 2003

Home Value by Source

Census Median
$381,900
Zillow (ZHVI)
$409,042
Median Sale Price
$492,972
Median List Price
$381,035
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.1%
Owner-Occupied
29.9%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,793/mo

Market Indicators (Redfin)

Median Days on Market
137 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
16.2%
of listings with price reduction
Price Per Sq Ft
$216
Active Inventory
37
homes for sale

Affordability & Housing Stock

Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
70.1%

Complete Housing Data

Home Values

Census Median Value$381,900
Zillow Home Value (ZHVI)$409,042
Median Sale Price$492,972
Median List Price$381,035
Price Per Sq Ft$216

Rent

Census Median Rent$1,793
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market137
Sale-to-List Ratio1.0%
Price Drops16.2%
Homes Sold16
Active Inventory37
Price Per Sq Ft$216

Ownership & Stock

Owner-Occupied70.1%
Renter-Occupied29.9%
Homeownership Rate70.1%
Total Housing Units2,923
Median Year Built2003
Rent Burden30.1%