Neighborhood Profile

Parks of Carrollton

Carrollton, TX | Dallas County
Scored premium profile
Best Neighborhoods USA Index
64.5
National rank: #2,617 of 14,967
Stability and Strength
73.1
Score
Value Opportunity
68.7
Score
Momentum
44.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCarrollton, TX
CountyDallas County
National rank#2,617 of 14,967
State rank#201 of 1,241
City rank#9 of 37
County rank#27 of 152
National percentile82.6
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$541,819
Year-over-year home value change-0.2%
Month-over-month home value change0.07%
Home value to income ratio5.02
Median household income$107,836
Bachelor's degree or higher45.8%
Civilian unemployment rate0.4%
Homeownership rate93.0%
Housing vacancy rate0.0%
Rent burden 30% or higher88.6%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Parks of Carrollton

What is the Best Neighborhoods USA ranking for Parks of Carrollton?

Parks of Carrollton is ranked #9 of 37 eligible neighborhoods in Carrollton; #201 of 1,241 eligible neighborhoods in TX; and #2,617 of 14,967 eligible neighborhoods in the United States.

Is Parks of Carrollton one of the best neighborhoods in Carrollton?

Parks of Carrollton has a Best Neighborhoods USA Index of 64.5 and a city ranking of #9 of 37 eligible neighborhoods in Carrollton.

How much are homes worth in Parks of Carrollton?

The current Zillow Home Value Index for Parks of Carrollton is approximately $541,819.

Are home values rising or falling in Parks of Carrollton?

Zillow neighborhood values changed -0.2% year over year and 0.07% month over month.

What is the Neighborhood Momentum Score for Parks of Carrollton?

Parks of Carrollton has a Neighborhood Momentum Score of 44.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Parks of Carrollton?

The NDS-derived neighborhood median household income is approximately $107,836.

How affordable is Parks of Carrollton relative to household income?

The current Zillow home-value-to-household-income ratio is 5.02. Price-to-income affordability is a major Value Opportunity input.

Is Parks of Carrollton primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 93.0%.

What is the unemployment rate in Parks of Carrollton?

The NDS-derived civilian unemployment rate is approximately 0.4%.

How educated are residents of Parks of Carrollton?

Approximately 45.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Parks of Carrollton face high rent burden?

Approximately 88.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Parks of Carrollton?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications2
Estimated originations1
Home-purchase applications1
Origination rate55.2%
Home-purchase share53.0%
Average application loan$270,624
Total application loan amount$581,515
National application rank#14,536 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -28.0% YoY; originations -19.6% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.

Texas Current Housing Market

Current housing market in Parks of Carrollton

A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.

1
Active listings observed
$599,700
Median asking price
$155.93
Median asking price / sq. ft.
71.0
Median days on market
3,846 sq. ft.
Median home size
Observed asking-price range: $599,700 to $599,700 Newest listing observed: 2026-07-10 19:00:00-05:00
How this current-market geography is determined

Coverage basis: Exact Zillow neighborhood polygon matches.

1 exact polygon match. Exact Zillow polygon membership and supplemental Census Block Group association remain separate in the governed data. Supplemental associations are not represented as exact Zillow polygon membership.

Current listing observations are separate from BestNeighborhoodsUSA rankings and do not change neighborhood scores, ranks, historical Zillow trends, Census measures, or HMDA mortgage intelligence.