Carrollwood today
What this means
Carrollwood prices barely moved in the past year (+1.1%).
No Zillow figure covers this place, so the value is the Census 2020 to 2024 median updated with the FHFA price index. Rough guide only; see how these figures are built.
Quick facts
| Carrollwood | vs Hillsborough County | vs Florida | |
|---|---|---|---|
| Population | 36,725 (Census survey) | ||
| Median home value | $384,600 | 4% higher | 7% higher |
| Median gross rent | $1,715 | 3% higher | 3% higher |
| Median household income | $81,959 | 3% higher | 10% higher |
| Owner occupied homes | 68.5% | +7.0 pts | +0.9 pts |
| Residents 65 and older | 18.5% | +3.5 pts | -2.8 pts |
| Average commute (minutes) | 27 | 8% lower | 5% lower |
| Homes built 2010 or later | 2.4% | -16.2 pts | -11.8 pts |
| Median property tax paid | $3,000 | about the same | 10% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Carrollwood
Unincorporated north Tampa community founded in 1959 and largely built in the 1960s by Sun State Homes.
As an unincorporated area, Carrollwood follows Hillsborough County rules for zoning, permits and short term rentals.
Known for: Carrollwood Country Club; Lake Carroll
Getting around and growth: Dale Mabry Highway, Busch Boulevard and Fletcher Avenue serve the area.
Next to the rest of Hillsborough County, housing is older (2.4% built since 2010 vs 18.6%); more homes are owner occupied (68.5% vs 61.5%); the population is older (18.5% age 65 or older vs 15%) and commutes are shorter (27 vs 29 minutes).
Closest matches on price and rent: Mount Dora ($381,900, $1,722), New Smyrna Beach ($395,300, $1,712), Hialeah ($392,000, $1,689).
Growth and housing
Yearly population estimates are not published for Census designated places; the county trend is the best guide. Hillsborough County grew 7.8% from 2020 to 2025.
The typical home here was built around 1984. The housing mix is 59.2% detached houses and 19.7% larger buildings. Average household size is 2.52.
Out of state arrivals: 1.1% of residents a year, versus 3.2% countywide.
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $3,525 a year |
| Coastal county | check flood zone and elevation per address |
With 33.8% of the stock built before 1980, budget for roof, electrical and plumbing updates. Inspections
Flood, storms and jobs
Flood insurance here follows Hillsborough County, which holds CRS class 4 (30% discount). Countywide, 12.7% of homes sit in a FEMA high risk zone; the Hillsborough County guide has the full flood, storm and jobs picture.
Buying a home in Carrollwood
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $384,600 |
Price to income: 4.7x, compared with 4.7x for the county.
- Conventional: the most common loan in Hillsborough County.
- FHA: the Carrollwood median of $384,600 fits under the $541,287 limit.
Investing in Carrollwood
Long term rentals
| Carrollwood | vs Hillsborough County | |
|---|---|---|
| Renter occupied homes | 31.5% | -7.0 pts |
| Rental vacancy | 4.1% | -2.3 pts |
| Rent as share of renter income | 36.4% | +2.5 pts |
Short term rentals
Seasonal and vacation homes: 1% of the stock, against 1.6% countywide.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 6% |
| State sales tax | 6% plus any county surtax |
Check the address against local zoning and the HOA documents first. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 59.2% |
| Buildings with 5+ units | 19.7% |
| Manufactured homes | 1.7% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.