$8,016 Closing Credit*
$675,000
2,690 SqFt
5 Beds
•3 Full Baths, 2 Partial
Julie Young, Listing Office: Coldwell Banker Heritage
Is Troy, OH 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 has remained a Seller's Market.
Key Takeaway
Troy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Troy, OH
How much do homes in Troy, OH cost?
Median Sold Price
$280,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,100(+7.7%)
Key Takeaway
Homes in Troy have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Troy was $280,000 in October 2024, up 7.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.5K | - | N/A |
| 2 Bedrooms | $136.8K | $170K | +24.3% |
| 3 Bedrooms | $239.7K | $260K | +8.5% |
| 4 Bedrooms | $367K | $356.2K | -2.9% |
| 5+ Bedrooms | $419K | $480K | +14.6% |
Summary: Troy 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 increased by 24.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
| Troy | $259.9K | $280K | +7.7% |
| Concord Township | $246K | $263K | +6.9% |
| Staunton Township | $369.4K | $373K | +1.0% |
Housing Supply in Troy, OH
How many homes are available in Troy, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 | 127 | +7.6% |
Summary: The Troy real estate market had 127 homes for sale in October 2024, a 7.6% 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 | 15 | 23 | +53.3% |
| 3 Bedrooms | 60 | 55 | -8.3% |
| 4 Bedrooms | 29 | 34 | +17.2% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Troy 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 53.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 23 | -36.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Troy, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Troy in October 2024, down by 36.1% month-over-month. Of the 23 sold homes, 61% were sold under asking, 13% were sold at asking, and 26% were sold over asking.
Days on Market for Troy, OH
How long does it take to sell a home in Troy, OH?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Troy are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Troy; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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