$4,393 Closing Credit*
$369,900
1,473 SqFt
3 Beds
•2 Full Baths
Lexi Belland-Perez, Listing Office: LEPIC-KROEGER, REALTORS
Is Troy Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Troy Township has remained a Seller's Market.
Key Takeaway
Troy Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Troy Township, IA
How much do homes in Troy Township, IA cost?
Median Sold Price
$220,500
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,000(-3.1%)
Key Takeaway
Homes in Troy Township have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Troy Township was $220,500 in October 2024, down 3.1% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $152.9K | $101K | -33.9% |
| 3 Bedrooms | $172.5K | $229K | +32.8% |
| 4 Bedrooms | $290K | - | N/A |
| 5+ Bedrooms | $325K | $341.2K | +5.0% |
Summary: Troy Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.9%, 3 bedroom homes increased by 32.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
| Williamsburg | $229.7K | $234.5K | +2.1% |
| Troy Township | $227.5K | $220.5K | -3.1% |
Housing Supply in Troy Township, IA
How many homes are available in Troy Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Troy Township real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Troy Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Troy Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Troy Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Troy Township, IA
How long does it take to sell a home in Troy Township, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 72 Days | +34.6% |
Summary: Homes in Troy Township had an average of 72 days on market in Oct 2024, up by 34.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Troy Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Troy Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.