Carrabelle, FL · Houses & Market Data

Carrabelle, Florida houses and real estate market data.

Houses in Carrabelle, FL (Franklin County) — Census median home value $149,600, county listing prices up about 9.7% over the past year. Market data for Carrabelle houses and the broader area.

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Carrabelle, FL is in Franklin County, Florida — this guide covers houses in Carrabelle and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,145, with a median household income of $57,143. Census data puts the median value of houses in Carrabelle at $149,600.

Info from government sites and builders may have provided source info.

Market overview

Carrabelle housing market

Carrabelle is in Franklin County, Florida. Manifest Census and county price-trend data provide baseline context for houses in Carrabelle and the surrounding county market.

Median home value (Census ACS)

$149,600

Population (Census ACS)

3,145

Median household income

$57,143

County price trend (2025)

9.71% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Carrabelle market snapshot

Population

3,145

County

Franklin County

Median Household Income

$57,143

Median Home Value (city)

$149,600

Median Gross Rent

$1,231/mo

Price Trend (YoY)

+9.7%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Carrabelle

What makes Carrabelle different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Carrabelle's median home value — across all owner-occupied homes, not just recent sales — at $149,600.

County Price Trend

Franklin County's FHFA house price index shows a 9.71% annual change in 2025.

Population & Income

Carrabelle has an estimated population of 3,145 and a median household income of $57,143, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Carrabelle's Census-reported median home value works out to about 2.6x the area's median household income, and median gross rent runs roughly 26% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Carrabelle

County guide: Franklin County — cities, market context, and local resources for the county that includes Carrabelle.

USAHouses.com also helps visitors looking in nearby Franklin County and other Florida communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Eastpoint, St. George Island, Apalachicola.

More Florida cities with market guides: St. Petersburg, Hialeah, Fort Lauderdale, Pembroke Pines, Hollywood, Gainesville, Miramar, Coral Springs.

Adjacent-county Census places with USAHouses.com pages: Sopchoppy (~17.9 mi), Panacea (~20.3 mi), Sumatra (~22.1 mi), Crawfordville (~30.0 mi), St. Marks (~34.9 mi), Wewahitchka (~36.5 mi), Port St. Joe (~38.5 mi), Hosford (~38.8 mi), Lake Mystic (~41.8 mi), Bristol (~43.6 mi), Blountstown (~46.5 mi), Altha (~56.7 mi).

New construction: New homes near Carrabelle (Apopka) · New homes near Carrabelle (Belleview) · Florida new construction.

ZIP codes

ZIP codes for Carrabelle

See all ZIP codes in Franklin County →

Census & home facts

Carrabelle data from published sources

Population (ACS 2023)

3,145

Median home value (ACS 2023)

$149,600

Median household income (ACS 2023)

$57,143

Median gross rent (ACS 2023)

$1,231

County FHFA annual change (2025)

9.71%

Census place type

city

County

Franklin County

Land area (Census Gazetteer 2024)

4.79 sq mi

Census GEOID

1210725

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Carrabelle

Schools

FRANKLIN — 6 schools, 1,208 students enrolled, per the U.S. Department of Education's Common Core of Data. Franklin addresses may be served by FRANKLIN, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Carrabelle FAQ

What are houses worth in Carrabelle, FL?

The Census Bureau's American Community Survey puts the median value of houses in Carrabelle at $149,600.

How much do houses cost in Carrabelle, FL?

For owner-occupied houses in Carrabelle, Census ACS data shows a median value of $149,600. Active listing prices in Franklin County may differ — see the market snapshot above.

What types of houses are in Carrabelle, FL?

Carrabelle houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Franklin County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Carrabelle, FL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Carrabelle's population at approximately 3,145.

What's the median rent in Carrabelle, FL?

The Census ACS estimates median gross rent in Carrabelle at approximately $1,231 per month.

What is the median household income in Carrabelle, FL?

Census ACS data puts the median household income in Carrabelle at approximately $57,143.

Is the Carrabelle housing market growing?

Franklin County's FHFA house price index shows a 9.71% annual change in 2025.

Is Carrabelle, FL affordable relative to income?

Census ACS data puts Carrabelle's median home value at about 2.6 times the median household income, with median gross rent equal to roughly 26% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Carrabelle, FL?

Manifest and public school-directory data suggest FRANKLIN for many Carrabelle addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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