Is Troy Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Troy Township has remained a Seller's Market.
Housing Prices in Troy Township, OH
How much do homes in Troy Township, OH cost?
Median Sold Price
$274,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Troy Township was $274,000 in May 2024, up 6.4% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $64K | $65K | +1.6% |
2 Bedrooms | $130.5K | $159.9K | +22.6% |
3 Bedrooms | $238K | $255.3K | +7.3% |
4 Bedrooms | $369K | $365K | -1.1% |
5+ Bedrooms | $422K | $527K | +24.9% |
Summary: Troy Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 24.9%.
Median Sold Price Compared To Nearby Cities
Delaware | $370K | $401.2K | +8.5% |
Troy Township | $257.4K | $274K | +6.4% |
Delaware City Township | $330K | $335.7K | +1.8% |
Delaware Township | $399.9K | $400.3K | 0.1% |
Housing Supply in Troy Township, OH
How many homes are available in Troy Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
103 | 116 | +12.6% |
Summary: The Troy Township real estate market had 116 homes for sale in May 2024, a 12.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 55 | 56 | +1.8% |
4 Bedrooms | 27 | 36 | +33.3% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Troy Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 27 | -12.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Troy Township in May 2024, down by 12.9% month-over-month. Of the 27 sold homes, 56% were sold under asking, 19% were sold at asking, and 26% were sold over asking.
Days on Market for Troy Township, OH
How long does it take to sell a home in Troy Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
54 Days | 62 Days | +13.9% |
Summary: Homes in Troy Township had an average of 62 days on market in May 2024, up by 13.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Troy Township; 26% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.