$3,788 Closing Credit*
$319,000
1,787 SqFt
4 Beds
•2 Full Baths
Penny S Reed, Listing Office: Garden Gate Realty Inc.
Is Troy, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$279,833
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,223(+7.0%)
Key Takeaway
Homes in Troy have sold for 7% more than they did a year ago.
Summary: The median home sold price in Troy was $279,833 in November 2024, up 7% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.5K | - | N/A |
| 2 Bedrooms | $144K | $174.9K | +21.5% |
| 3 Bedrooms | $240K | $259.9K | +8.3% |
| 4 Bedrooms | $365K | $378.5K | +3.7% |
| 5+ Bedrooms | $343K | $480K | +39.9% |
Summary: Troy housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 39.9%.
Median Sold Price Compared To Nearby Cities
| Concord Township | $245.7K | $268.5K | +9.3% |
| Troy | $261.6K | $279.8K | +7.0% |
| Staunton Township | $372.5K | $368.9K | -1.0% |
Housing Supply in Troy, OH
How many homes are available in Troy, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 117 | 126 | +7.7% |
Summary: The Troy real estate market had 126 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 54 | 65 | +20.4% |
| 4 Bedrooms | 29 | 27 | -6.9% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Troy housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 20.4%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 31 | +29.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Troy, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Troy in November 2024, up by 29.2% month-over-month. Of the 31 sold homes, 45% were sold under asking, 32% were sold at asking, and 23% were sold over asking.
Days on Market for Troy, OH
We’re sorry, we don't have information for this market at the moment
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.