Is Carroll, IA 51401 a buyer’s or seller’s market?
Carroll is a seller’s market. With about 2.8 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 35% of U.S. ZIP codes, and #115 of 156 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Carroll housing market right now
In the three months ending August 31, 2026, 10% of homes in Carroll, IA 51401 sold above their list price, the typical home went under contract in 23 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 43 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (9% then), homes sold faster (33 days then) and the median sale price fell 6% to $201,913. Overall, Carroll is more competitive than a year ago, so tougher for buyers.
Within Carroll County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Carroll ranks #115 of 156 IA ZIP codes with enough sales (score 37 out of 100).
Nearby, buyers who want less competition could look at Manning 51455 (0% sold over asking) or Glidden 51443 (0% sold over asking).
Run the numbers for 51401
Nearby markets
Arcadia 51430Seller’s market $158 /sq ftBreda 51436Buyer’s market $90 /sq ftDedham 51440 — /sq ftGlidden 51443Buyer’s market $139 /sq ft Browse all markets →Towns like Carroll nearby
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Questions about Carroll real estate
Is Carroll a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Carroll, IA 51401 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Carroll?
The typical home went under contract in 23 days in the latest three months.
Do homes in Carroll sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Carroll?
About 1.09% of a home’s value a year in Carroll County, or roughly $4,360 on a $400,000 home.
What is the median home price in Carroll?
The median sale price was $201,913 in the three months ending August 31, 2026, about $141 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology