Carrollton, VA

Full City Profile · Virginia · Isle of Wight County County

4.3 /5.0
A Great
7,903 Population 1,208/sq mi density
$113,813 Median Income $53,288 per capita
$381,900 Home Value $418,127 Zillow
$1,793 Median Rent 30.1% income on rent
61°F Avg Temperature
A
Overall
4.3 / 5.0
Strong
B+
Economy
3.8 / 5.0
$113,813 median income, 9.7% unemployment
A+
Affordability
4.8 / 5.0
$381,900 home value, $1,793/mo rent
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)
$418,127
Redfin Median Sale
$492,972
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 Sale Price
$492,972
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)$418,127
Redfin Median Sale$492,972
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%