Carrolton, MN housing market
Home prices around Carrolton have risen about 33% over the past 5 years.
Home values, sales, trends and how Carrolton compares with the towns next door — updated as new data is published.
Home prices up 33% in 5 years
The federal house price index for the ZIP codes around Carrolton rose 33% over the past 5 years, slower than across Minnesota (37%). Last year prices fell 16%.
Show as a table
| Year | Change that year | Since 2001 | Minnesota since 2001 |
|---|---|---|---|
| 2025 | −16% | +111% | +107% |
| 2024 | +10% | +151% | +102% |
| 2023 | +17% | +127% | +95% |
| 2022 | +15% | +94% | +87% |
| 2021 | +6.5% | +68% | +66% |
| 2020 | +5.7% | +58% | +52% |
| 2019 | +7.1% | +49% | +48% |
| 2018 | +9.1% | +39% | +42% |
| 2017 | +0.3% | +28% | +34% |
| 2016 | +2.3% | +27% | +27% |
| 2015 | +4.9% | +25% | +21% |
| 2014 | +2.2% | +19% | +17% |
| 2013 | −1.5% | +16% | +11% |
| 2012 | −2.6% | +18% | +6.4% |
| 2011 | −7.5% | +21% | +8% |
| 2010 | +6.4% | +31% | +14% |
| 2009 | −9.5% | +23% | +22% |
| 2008 | −1.1% | +36% | +30% |
| 2007 | +1.9% | +38% | +36% |
| 2006 | +15% | +35% | +37% |
| 2005 | −0.8% | +17% | +33% |
| 2004 | +8.8% | +18% | +23% |
| 2003 | −1.5% | +8.4% | +13% |
| 2002 | +10% | +10% | +7.9% |
| 2001 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55949, 55965, 55935, covering 63% of Carrolton’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Carrolton and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Carrolton | — | −15.9%† | $970 | — | $81,875 |
| Lanesboro | $228K | −2.9% | $970 | 0 | $75,313 |
| Preston | — | — | $970 | 4 | $63,984 |
| Preston | $272K | +4.1% | $990 | — | $91,250 |
| Holt | — | −15.9%† | $990 | — | $107,917 |
| Pilot Mound | — | −6%† | $1,110 | — | $97,917 |
| Fountain | $326K | +2.9% | $970 | — | $80,714 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Carrolton is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Carrolton pay a median of $1,031.
Studio $740 · 4 bedrooms $1,310
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55935, 55949, 55965; Fillmore County, MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.