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Saturday, April 19, 2025

Carroll County median home valuation prices rose by 30.4% in February 2025 compared to February 2024

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In February, the median sale price of a home in Carroll County rose by $17,500 from the same period in the previous year, while total sales increased by 25%, according to BlockShopper.com.

There were 15 homes sold in February, with a median sale price of $75,000 — a 30.4% increase over the $57,500 median sale price during the same period of the previous year. In comparison, 12 homes were sold in Carroll County in February 2024.

Based on the latest available data from 2020, the median sales tax in Carroll County was $1,750, which stands at 2.3% of February's median home sale price.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Carroll County from February 2024 to February 2025.

February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024November 2024December 2024January 2025February 2025$57,500$57,500$80,000$80,000$60,500$60,500$126,750$126,750$62,000$62,000$119,900$119,900$130,000$130,000$138,250$138,250$123,450$123,450$145,000$145,000$92,000$92,000$85,000$85,000$75,000$75,000

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