Carrollton, TX Housing Market Update

Carrollton, TX Housing Market Update – March 2026

Reporting Period: Feb 1–Feb 28, 2026 • Data via NTREIS

Carrollton is a well-positioned inner suburb — straddling Dallas, Denton, and Collin counties, with access to major employment corridors and a housing stock that appeals to a wide range of buyers. February's data shows a market that's holding together well at the fundamental level despite a modest median price decline. The supply picture in particular stands out: 2.6 months of inventory is genuinely tight for a city of Carrollton's size and diversity.

PRICES
Carrollton's February median landed at $400,000 — down 6.4% from February 2025 — while price per square foot at $210.98 actually ticked up 0.7% year over year. That divergence is the interpretive key. When a market's median falls while its per-square-foot value holds flat or edges up, the explanation is almost always compositional — more lower-priced homes in the closing mix this month relative to last year, pulling the median down without any actual deterioration in per-unit value. The $300–$399k range led February closings at 37.6%, with $400–$499k at 23.7% — a distribution weighted toward the lower half of Carrollton's price spectrum. The per-square-foot figure of $210.98 is the more reliable pricing signal: stable, holding ground, and consistent with a market that hasn't conceded meaningful value.

SALES ACTIVITY
Ninety-five closed sales — down a modest 3.1% from 98 a year ago — is a relatively contained decline for a city of Carrollton's transaction volume. The pace shift is more notable: homes averaged 56 days on market, up 12 days from February 2025. That's a meaningful increase — buyers are deliberating longer before committing, which is consistent with the broader DFW behavioral pattern. Days to close held flat at 29 days, unchanged year over year, confirming that the extended timeline is concentrated on the front end before contract rather than in the closing process itself. Total days from listing to close reached 85, up 12 days from last February.

INVENTORY
Active listings reached 260 — up 12.6% from 231 a year ago — while months of inventory held essentially flat at 2.6, up just 0.1 months year over year. That near-static inventory reading, despite a 12.6% increase in absolute listings, signals that demand has absorbed the new supply nearly in full. Carrollton at 2.6 months of supply is among the tighter markets in this month's report. The community's three-county positioning — with access to employment centers in Addison, Las Colinas, and along the I-35E and Dallas North Tollway corridors — sustains a diverse, consistent demand base that prevents inventory from building at the pace seen in more peripheral communities.

MARKET BALANCE
At 2.6 months of supply and a close-to-list ratio of 95.1%, Carrollton sits in seller-leaning balanced territory. The 95.1% close-to-list figure — down from 98.5% in early 2024 but still healthy — means buyers are negotiating roughly 5% off original asking price on average. In Carrollton's price range, that translates to approximately $18,000–$22,000 in negotiating room from a $400,000 list price. Sellers who price with that in mind are transacting; those expecting minimal negotiation may find the current environment slightly more resistant than anticipated.

2026 Carrollton Housing Market Forecast

Carrollton enters spring 2026 with tight supply, stable per-square-foot pricing, and a demand base anchored by one of the most advantageous employment-access positions in the DFW metro. The 12-day increase in days on market is the primary friction point to monitor — if that figure contracts as seasonal demand builds in March and April, it would confirm the February slowdown is weather-and-seasonality driven rather than structural.

The city's diverse housing stock — spanning starter homes, mid-range suburban properties, and newer townhomes — gives Carrollton a broad buyer demographic that is less sensitive to any single market condition than more price-concentrated communities. That diversification tends to provide resilience when conditions shift.

If mortgage rates ease in the second half of 2026, Carrollton's sub-$450k price tiers are well-positioned to see demand reactivate. At 2.6 months of supply, that demand would translate quickly into tighter conditions and potential pricing support.

Source: NTREIS MLS (Feb 1–Feb 28, 2026) with February 2025 comparison metrics from the Texas REALTORS® Data Relevance Project, in partnership with the Real Estate Center at Texas A&M University.

Carrollton Real Estate Overview

Established, Diverse, Centrally Located, and More Affordable Than Its Neighbors

About Carrollton, TX

Carrollton occupies a rare position in the DFW metro — a fully built-out city that sits at the geographic center of everything and hasn't lost its appeal despite being surrounded by higher-profile neighbors. Bordered by Farmers Branch, Addison, and The Colony, and sitting along the George Bush Turnpike and I-35E corridors, Carrollton gives buyers access to the entire metroplex in ways that cities further north or east simply can't match.

The city has been here a long time — incorporated in 1913 — and it shows in the best ways. Historic Downtown Carrollton, centered around Beltline Road and the DART rail station, has the bones of a genuine community: a historic square, established local businesses, seasonal events, and a walkability that newer suburbs have spent decades trying to replicate with mixed results.

Carrollton's diversity is one of its defining characteristics and genuine strengths. The city is home to one of the largest Korean-American communities in North Texas, a thriving Indian-American community particularly concentrated around the Keller Springs corridor, and a residential fabric that reflects decades of real community-building rather than developer-driven demographic targeting. The restaurant scene that results from this diversity is exceptional — Carrollton's dining options per capita rival far trendier Dallas neighborhoods.

Homes for Sale in Carrollton, TX

Carrollton's housing market is defined by its range. This is one of the few cities in the northern DFW suburbs where a buyer with a $350k budget has real options — not just distressed properties or heavily compromised locations.

Property types include:

• Established single-family homes from the 1960s through 1990s, well-suited for buyers who want established neighborhoods with mature trees and larger lot sizes that newer construction can't offer at comparable prices
• Updated and renovated homes in desirable neighborhoods near Downtown Carrollton or the Addison border, where buyers have invested in modernizing properties that sit on established lots in proven locations
• New construction in select infill locations and planned communities in Carrollton's northern sections, where builders deliver more contemporary floor plans at price points that remain competitive with neighboring cities
• Townhomes and attached products near DART rail stations, appealing to commuter buyers who want access to the rail system without Dallas prices
• Executive and move-up homes in Carrollton's more established sections, where lot sizes and neighborhood character support pricing in the $500k–$800k range

Why Buyers Are Choosing Carrollton

Carrollton attracts buyers for practical reasons — location, value, and accessibility — and keeps them for the community reasons that are harder to quantify until you've lived there.

Top reasons buyers are making the move:

• DART rail access at multiple stations, making Carrollton one of the most transit-connected suburban cities in DFW — a genuine advantage for buyers who commute to Downtown Dallas, Uptown, or the Galleria corridor
• Central DFW location with direct access to I-35E, the Bush Turnpike, and I-635, putting virtually every major employment center within a 25-minute drive
• Strong value relative to Addison and Plano to the north — buyers regularly find that moving the address from Plano to Carrollton buys meaningfully more home for the same budget
• Lewisville ISD schools serving portions of the city, with Carrollton-Farmers Branch ISD serving other sections — two well-regarded districts depending on your specific location
• An authentic dining and retail scene anchored by a genuinely diverse community, offering the kind of food culture that suburban cities typically have to import from the city

Your Local Experts in Carrollton Real Estate

Cindy and Cory Dunnican of The Dunnican Team at Coldwell Banker Apex, Realtors® have served buyers and sellers across the northern DFW suburbs for more than 25 years. Carrollton's market requires understanding which school district serves which neighborhoods, where the DART access premium is genuinely priced in, and how to value a mid-century home against newer competition. They bring the experience and local knowledge to navigate it all.