Market Intelligence Report — IA-140

Carroll, IA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IA-08
As of the latest 2026 data
Cooling

Median Listing

$239K
+0.6% YoY

Pending Ratio

0.30
-0.1% YoY

Active Inventory

79
-14.1% YoY

Median DOM

52 Days
-13.3% YoY

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The Carroll, IA market is currently Cooling, characterized by a pending ratio of 0.30, which indicates demand absorption is significantly lagging available supply. This market dynamic is reinforced by a 0.1 percentage point year-over-year decrease in the pending ratio, alongside a notable contraction in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Carroll market right now.

Active listings have contracted by 14.1% over the past year, reaching 79 units, while new listings remained stable year-over-year. The median listing price has shown modest appreciation of 0.6% year-over-year, despite a 2.8% increase month-over-month in the most recent period. However, the average listing price declined by 11.7% over the past year, and the median price per square foot fell by 3.2% year-over-year, suggesting some downward pressure on valuations. The median days on market decreased by 13.3% year-over-year to 52 days.

Historical Analysis

Market Trends

Median Price

$239K+2.8% MoM

Active Inventory

79-14.1% YoY

Days on Market

52-13.3% YoY

Sold Score™

50-0.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

50
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.30, the market demonstrates an environment where demand is not robustly absorbing available inventory. This scenario places less pressure on sellers for rapid transactions and indicates that buyers may have increased opportunities for price discipline, allowing for more considered acquisition timelines. The contraction in active listings offers some support against deeper inventory pressures, but the overall pace of sales remains measured.

Luxury Segment

A divergence between the average listing price, which declined by 11.7% year-over-year, and the median listing price, which saw a modest 0.6% year-over-year increase, suggests softening at higher price points. This is further supported by a 3.2% year-over-year decrease in the median price per square foot, indicating reduced pricing power at the upper tiers of the market.

Supply Dynamics

79 active listings represent the current floor, with new supply arriving at roughly 20 per month.

Pricing Pressure
22.9%

of active listings carry a price reduction, +14.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.2% year-over-year.

Absorption
0.30

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Carroll, IA? Homes here are taking 8 days less to sell than last year.

Buyers have leverage in Carroll, IA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
30%
Median Days on Market
52 days
Inventory YoY
−14%

In a buyer's market, strategy beats timing. See how your home scores in Carroll, IA and what moves the number.

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Metro Demographics

Metro Area
Carroll, IA
CBSA Code
16140
State
IA

ZIPs in Carroll, IA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Carroll?+

    As of the latest 2026 data, the Carroll metro is classified as Cooling. Pending ratio is 0.30 with median days on market at 52.

  • Are home prices dropping in Carroll?+

    Median listing price is $239K, +0.6% year over year. 22.9% of active listings carry a price reduction.

  • How fast are homes selling in Carroll?+

    The typical listing sits 52 days on market, a -13.3% change YoY. New listings are arriving at 20 per month.

  • What's happening in the Carroll luxury market?+

    A divergence between the average listing price, which declined by 11.7% year-over-year, and the median listing price, which saw a modest 0.6% year-over-year increase, suggests softening at higher price points. This is further supported by a 3.2% year-over-year decrease in the median price per square foot, indicating reduced pricing power at the upper tiers of the market.

  • Where can I find a trusted Carroll real estate expert?+

    Primpted maintains a vetted registry of Carroll agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 16140 · 36mo history