$1,780 Closing Credit*
$149,900
864 SqFt
3 Beds
•1 Full Bath
Penny S Reed, Listing Office: Garden Gate Realty Inc.
Is Troy Township, 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 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, OH
How much do homes in Troy Township, OH cost?
Median Sold Price
$280,666
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,455(+8.7%)
Key Takeaway
Homes in Troy Township have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Troy Township was $280,666 in October 2024, up 8.7% 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 | $132.5K | $170K | +28.3% |
| 3 Bedrooms | $235K | $259.9K | +10.6% |
| 4 Bedrooms | $367K | $362.5K | -1.2% |
| 5+ Bedrooms | $469.5K | $480K | +2.2% |
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 increased by 28.3%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Troy Township | $258.2K | $280.6K | +8.7% |
| Troy Township | $259K | $280K | +8.1% |
| Springfield Township | $174.8K | $180K | +2.9% |
Housing Supply in Troy Township, OH
How many homes are available in Troy Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 122 | 129 | +5.7% |
Summary: The Troy Township real estate market had 129 homes for sale in October 2024, a 5.7% 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 | 61 | 56 | -8.2% |
| 4 Bedrooms | 32 | 36 | +12.5% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
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 53.3%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 23 | -41.0% |
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 Township, 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 Township in October 2024, down by 41.0% 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 Township, OH
How long does it take to sell a home in Troy Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 20 Days | -18.9% |
Summary: Homes in Troy Township had an average of 20 days on market in Oct 2024, down by 18.9% compared to last year.
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 Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Troy Township; 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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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.